Macro Unit 13 Real and Nominal GDP
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Hey Everyone! I'm Mr. Willis, and You Will Love Economics! • In this video, I will: • Compare and contrast nominal and real GDP • Identify the standard of living and real GDP per capita • Discuss the factors that can contribute to varying real GDPs around the world • Practice calculating nominal and real GDP and analyze economic growth and contraction • Investigate changes in the standard of living • • Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video: • https://www.teacherspayteachers.com/P... • Follow our store on Teachers Pay Teachers • https://www.teacherspayteachers.com/S... • Look for us on Social Media: • Instagram -- / youwillloveh. . • Facebook -- / youwilllovehi. . • Subscribe to our YouTube Channel: • / youwillloveeconomics • Check out our website for teaching tips and insight from us: https://sites.google.com/view/you-wil...
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