Description
Four sessions on the three numbers every economic news report is built on.
What GDP actually counts and what it ignores entirely. What a price index does, and why a wage that rises more slowly than prices has fallen. Who counts as unemployed, and who drops out of the number by giving up looking.
Every figure is Corbin Falls' own rather than a national statistic, so the arithmetic can be checked line by line and nothing in the unit goes out of date.
Closes with a both-sides argument on what the headline numbers leave out.
WHAT'S INCLUDED
•Parent Guide with session pacing and the one distinction to hold onto
•Lesson 1: what GDP measures, and what it does not count
•Lesson 2: inflation, real versus nominal, and how a price index works
•Lesson 3: unemployment, and who is left out of the number
•A both-sides argument with a scoring rubric
•Answer key with every calculation worked
•Hours & Work Record for logging time and filing portfolio evidence
Written by a licensed K-12 business teacher with more than thirteen years in the classroom. Built to be taught by a parent with no background in the subject.
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Download previewWorldviewFaith-neutral
AgesAges 13–18
SubjectBusiness & Economics — Economics
Resource typeUnit study
ApproachUnit study, Eclectic
Works forOne student, Co-op / group
Per session30–60 min
Days a weekFlexible
Total lengthOne week
Parent prepOpen-and-go
Who teachesParent-guided
ReuseReusable, some consumable pages
FormatPrintable PDF
RecordsIncludes assessments, Hour logging, Portfolio samples
Keywordseconomics, trade-offs, unit study, high school, homeschool economics, inflation, unemployment