The official CPI and bias part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
This activity aims for students to gain insights about the problems in measuring a price index.

Macrosimulation: What to do in stagflation? part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
Based on an online macroeconomic simulation for an economy with stagflation, teams choose from a selection of fiscal and monetary policies for one year. The simulation then shows the results of the choice that can ...

What counts in GDP part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
This is a two part application exercise. In the first part groups evaluate whether or not five different economic activities should be counted in national measures of production such as GDP. In a second part ...

Counting GDP part of Starting Point: Teaching and Learning Economics:Teaching Methods:Cooperative Learning:Examples
Working in small groups, students determine how 18 items are included in GDP (or if they are excluded.) Cards turned over one at a time encourage participation by all group members.

Consumer Sentiment and the Expansion and Contraction of Real GDP part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
The Activity Exercise helps students to understand how consumer sentiment affects the expansion or contraction of real GDP.

Gross Private Domestic Investment Spending: Multipliers and Growth in the Real GDP part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
The Activity Exercise Gross Private Domestic Investment Spending: Multipliers and Growth in the Real GDP helps student grasp the significance of the Multiplier Effect in economic growth and the expansion of real ...

Circular Flow -- Equivalence of Income, Spending, and Production part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
In this activity students should come to understand a key part of the circular flow -- why income, production, and spending have the same dollar value.

Fiscal Policy Principles and Practice part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
This application exercise addresses fiscal policy at the principles level through two policy based applications. Students are asked to elucidate broad principles of fiscal policy as well as address the specific ...

The unemployment rate for the class part of Starting Point: Teaching and Learning Economics:Teaching Methods:Interactive Lecture Demonstrations:Examples
After predicting what the unemployment rate will be for students in the class, a confidential survey modeled on the Current Population Survey questions is used to gather data about each student's employment. Students use this data to measure the class unemployment rate and then assess its accuracy.

Fiscal policy and macroeconomic indicators part of Starting Point: Teaching and Learning Economics:Teaching Methods:Team-Based Learning:Activities
In this exercise students use macroeconomic data to assess the state the economy is in and make fiscal policy suggestions in order to improve the economy.