A case study: The unemployment rate — April 2002
http://www.econedlink.org/lessons/index.cfm?lesson=EM331
A lesson plan for grades 10–12 Social Studies
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In this EconEdLink lesson, students will examine unemployment statistics and other economic indicators for April 2002. This resource contains charts, statistics, study questions, and press releases for students to review as they discuss the U.S. economic condition during April 2002. Links to further economic and unemployment resources are also included.
North Carolina Curriculum Alignment
Social Studies (2003)
Grade 10
- Goal 7: The learner will investigate how and why individuals and groups make economic choices.
- Objective 7.01: Describe the basic factors of production such as land, labor, capital, and entrepreneurial skills and their impact on economic activities.
- Objective 7.02: Explain how scarcity influences producers and consumers to make choices.
- Objective 7.03: Compare examples of tradeoffs and opportunity costs of economic choices.
- Objective 7.04: Analyze the impact on economic activities of specialization, division of labor, consumption and production increases.
Grade 11–12 — Economics
- Goal 5: The learner will examine the various ways economic performance is measured.
- Objective 5.08: Compare and analyze current unemployment rates at the local, state, and national levels.
- Objective 5.09: Propose solutions for addressing issues of unemployment in the community.
- Goal 7: The learner will assess economic stabilization policies and how they impact the economy.
- Objective 7.02: Describe the negative impact unemployment and unintended inflation has on the economy.
