On-Level Econ Unit 3 Lesson 1 - Measurement (Ch 12-13) by jclerch https://padlet.com/jclerch/rd383l3psa3v en-us 2016-10-10 11:04:17 UTC 2026-01-24 14:45:18 UTC hello@padlet.com https://padlet-uploads.storage.googleapis.com/135439946/6ce5479e92c4899049ae70929c318d86/IMG_12291_1mb.png jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/129475559 2016-10-10 11:31:07 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/129475559 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/129475704 2016-10-10 11:32:16 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/129475704 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/129475723 2016-10-10 11:32:23 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/129475723 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/132060070 2016-10-20 13:33:32 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/132060070 Lesson Objectives for GDP Growth (1st) jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/179539473 2017-07-27 01:12:51 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/179539473 Lesson Objectives for Inflation (2nd) jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/179539520 2017-07-27 01:13:38 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/179539520 Lesson Objectives for Unemployment (3rd) jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/179539567 2017-07-27 01:14:34 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/179539567 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/179690350 2017-07-29 22:05:20 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/179690350 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/179690374 2017-07-29 22:06:52 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/179690374 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/179690558 2017-07-29 22:21:30 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/179690558 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/179690580 2017-07-29 22:22:05 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/179690580 General overview of inflation jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/203816119 2017-11-06 11:24:36 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/203816119 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/209888842 2017-11-24 11:01:50 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/209888842 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/223138877 2018-01-21 19:16:42 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/223138877 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/232142248 2018-02-15 20:31:33 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/232142248 jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/232694147 2018-02-18 14:30:31 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/232694147 Reffonomics Textbook jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/240584653 2018-03-11 16:07:15 UTC https://padlet.com/jclerch/rd383l3psa3v/wish/240584653 Questions jclerch https://padlet.com/jclerch/rd383l3psa3v/wish/245836551 1. Why do we need to measure how well an economy is doing? 

2. What are the three main ways in which we measure how well an economy is doing?  What are the optimal results for each measure?

3. What is the difference between nominal and real GDP? 

4. Can you (a) create an index, and; (b) use the index to find rate of change?

5. Why is real GDP per capita a better measure of standard of living that real GDP? 

5. What are the three main weaknesses of measurements of inflation? 

3. What are the weaknesses of these three measures? 

4. What are other ways of measuring how well an economy is doing? 

5. Can you apply what you have learned in assessing how well your country’s economy is doing?
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