Teacher: R Crawford

Lesson: APE 7.5 Review of Chapter 12

Material: -ONLINE PRACTICE QUIZZES
-STUDY GUIDE, CHAPTER 10
-STUDY GUIDE, CHAPTER 12
-GUIDED STUDY FUNDAMENTALS OUTLINE
-GUIDED STUDY MACRO OUTLINE

Objectives: Students should be able to determine GDP and GNP given specific numerical National Income Data and to determine the GDP gap using Okun's Law

Concepts: Expenditures Formula
Income Formula
CPI
Okun's Law

Activities:
  1. Prep Worksheet 11
  2. Practice Essay Problem

Assessment Activity: Individual Assessment based on Worksheet