Celebrate #FinLitMonth with us by finding ideas for you and your students!

Skip to Main Content

Grade 9-12

,

Lesson

When Graphs Mislead Us – Analyzing GDP

Time: 90 mins,

Updated: January 10 2024,

Author: Hilary Hunt, Johanna Botha

Teacher Version

Objective Standards Summary Resources Procedure

Objective

Students will be able to:

Explain the relationship between a country’s real gross domestic product per capita and its standard of living.
Manipulate the units, scales, and origin in a graph to support a given statement.
Analyze a graph to determine whether or not it is misleading.

Standards

National Standards in Economics

State Standards

Common Core State Standards

Concepts

Economic Development, Fiscal Policy, GDP

In this personal finance lesson, students will understand how graphs can be misleading through real GDP.

Resources

Procedure

Click NEARPOD VERSION: WHEN GRAPHS MISLEAD US PART 1 and NEARPOD VERSION: WHEN GRAPHS MISLEAD US PART 2 to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!

Subjects:

Grades 9-12

Federal Budget: The Fiscal Ship Game

In this lesson, updated with 2023 statistics, students learn about the challenges of the federal debt and play the Fiscal...

Key Concepts: Budget Deficits and Public Debt, Fiscal Policy, Roles of Government

120 mins

Lesson

Grades 9-12

Should I Join the Sweatshop Boycott?

In Lesson #8 of the "Ethics, Economics, and Social Issues" curriculum, students study primary sources to learn about the choices...

Key Concepts: Economic Development, Economic Growth

60 mins

Lesson

Grades 9-12

Economic Misery and Presidential Elections

Updated with new statistics! The students examine economic data in order to predict the results of presidential elections.

Key Concepts: Employment and Unemployment, Fiscal Policy, GDP

45 mins.

Lesson

Grades Higher Education, 9-12

EconoFact

On this website, you can see how the frameworks and theories taught in class relate to real-world timely events.

Key Concepts: Employment and Unemployment, Fiscal Policy, Income Distribution

20 mins

Article