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Counting GDP

Diane Keenan and Mark Maier from Economics Live! Learning Economics the Collaborative Way
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This material is replicated on a number of sites as part of the SERC Pedagogic Service Project

Summary

Working in a small group, students determine whether items listed on 18 cards are counted in GDP (and in which category) or whether they are not counted (and why.)

Learning Goals

National income accounting

Context for Use

Appropriate for introductory macroeconomics course

Description and Teaching Materials

Cards
Activity cards (Acrobat (PDF) 454kB Aug15 12)
Worksheet for counting GDP
Worksheet (Acrobat (PDF) 37kB Aug15 12)

Teaching Notes and Tips

Assessment


References and Resources

For detailed explanation of national income accounting see U.S. Department of Commerce, Bureau of Economic Analysis