Nearpod version available
Grade 9-12
,
Lesson
When Graphs Mislead Us
Objective
Students will be able to:
- Explain the relationship between a country’s real gross domestic product per capita and its standard of living.
- Manipulate the units, scales, and origin in a graph to support a given statement.
- Analyze a graph to determine whether or not it is misleading.
Standard
National Standards in Economics
Economic Fluctuations
Standard: 18
- Students will understand that: Fluctuations in a nation's overall levels of income, employment, and prices are determined by the interaction of spending and production decisions made by all households, firms, government agencies, and others in the economy. Recessions occur when overall levels of income and employment decline.
- Students will be able to use this knowledge to: Interpret media reports about current economic conditions and explain how these conditions can influence decisions made by consumers, producers, and government policy makers.
Concepts
In this personal finance lesson, students will understand how graphs can be misleading through real GDP.
Resources
Procedure
Click NEARPOD VERSION: WHEN GRAPHS MISLEAD US PART 1 and NEARPOD VERSION: WHEN GRAPHS MISLEAD US PART 2 to access an interactive version of the lesson powered by Nearpod: students interact and respond to questions on their device, and teachers will see their responses in real time!