What you’ll learn to do: define the term “economic indicator”

This section will help you understand why economists use terms like GDP, GNP, and unemployment rates to assess how an economy is doing.

The specific things you’ll learn in this section include:

• Identify the major economic indicators used to assess the state of the macroeconomy.

LEARNING ACTIVITIES

The learning activities for this section include:

• Reading: The Macroeconomic Perspective
• Self Check: Economic Indicators

Take time to review and reflect on each of these activities in order to improve your performance on the assessment for this section.