ECO220 Case3

Production, Unemployment, and Inflation

In this module, your readings will focus on the three major macroeconomic indicators. Macroeconomics is the study of economic behavior of the aggregate or whole economy, rather than individual firms or households (microeconomics). In this module, you are required to view the resources below. These materials will help you understand some of the major concepts in macroeconomics, such as Gross Domestic Product (GDP), inflation rate, and unemployment measures.

How the Economic Machine Works by Ray Dalio, 2013.

Use the 'TinyURL' to access the site:  https://tinyurl.com/y8xuzpom

If it is not working, here is the full URL:  https://www.youtube.com/watch?v=PHe0bXAIuk0&t=75s

Components of GDP. GDP: Measuring national income, Khan Academy, created by Sal Khan, (n.d.)

Use the 'TinyURL' to access the site: https://tinyurl.com/ybbpo9hu

If it is not working, here is the full URL:  https://www.youtube.com/watch?v=Rgr1vRjxzFg

CPI Index, Inflation. Khan Academy, created by Sal Khan, (n.d.)

Use the 'TinyURL' to access the site:  https://tinyurl.com/y97ny4a9

If it is not working, here is the full URL: https://www.youtube.com/watch?v=pRIELoITIHI

How to Calculate the Unemployment Rate, Khan Academy, created by Sal Khan, (n.d.)

You may have to turn up the volume on this one.

Use the 'TinyURL' to access the site: https://tinyurl.com/y75e44r2

If it is not working, here is the full URL: https://www.youtube.com/watch?v=HSuRIQ_SxXA

The Top 10 Economic Indicators: What to Watch and Why

American Association of Individual Investors. Hit the “X” delete if the investment advertisement pops up.

Use the 'TinyURL' to access the site: https://tinyurl.com/lcv88g2

If it is not working, here is the full URL:  http://www.aaii.com/investing-basics/article/the-top-10-economic-indicators-what-to-watch-and-why