Principles of Macroeconomics
Course Learning Outcomes for Unit IV Upon completion of this unit, students should be able to:
4. Discuss the effects of unemployment and inflation on the economy. 4.1 Describe what the unemployment rate measures and the four types of unemployment. 4.2 Define inflation and the sources of inflation. 4.3 Describe how to measure labor productivity and why it is important.
Course/Unit Learning Outcomes
Learning Activity
4.1
Unit Lesson Chapter 7 Article: “Why the Unemployment Rate Still Matters” Unit IV PowerPoint Presentation
4.2
Unit Lesson Chapter 7 Article: “Price & Inflation” Unit IV PowerPoint Presentation
4.3
Unit Lesson Chapter 8 Article: “Understanding the Labor Productivity and Compensation Gap” Article: “What Can Labor Productivity Tell Us About the U.S. Economy?”