

In Mission 14, students advise the political leaders on economic forecasts for their respective countries: the United States, Japan, and Brazil.


Key Concepts

Nominal Gross Domestic Product (GDP), Business Cycles, Contractionary Fiscal Policy, Expansionary Fiscal Policy, Recession, Leading Economic Indicators


Jokes, Quotations, and Cartoons in Economics


Grades 9-12

The Effects of the Recession

The students learn how a recession affects our economy, and how it might affect them personally.They examine the role the federal government has played in dealing with the current recession. They analyze their thoughts about what role the federal government should play in dealing with a recession.

Grades 6-8

Closing the Gap

The students learn what GDP is. They will learn different measures of GDP as well as how GDP per capita can be used to compare countries. They will also calculate GDP per capita and learn how poorer countries can converge, or close the gap, with richer countries.

Grades 9-12