Measuring the Economy & Public Policy — Chapter overview · Government, Civic Participation & Economics, Grade 12
5 focused units, followed by an evidence workshop, chapter review, and chapter quiz.
Chapter question
What can economic measures and policy mechanisms establish, and what are their limits?
Units in this chapter
- Unit 6.1 · GDP, Real Output & the Limits of Economic Measures
I can avoid double counting and category confusion.
- Unit 6.2 · Money, Bank Balance Sheets & the Federal Reserve
I can distinguish money from income and wealth.
- Unit 6.3 · Fiscal & Monetary Policy: Channels, Timing & Tradeoffs
I can classify the institution and instrument.
- Unit 6.4 · Business Cycles, Employment & Inflation
I can read indicators together.
- Unit 6.5 · Work, Wages, Productivity & Economic Distribution
I can identify compensation and working conditions.