CIA 4U
UNIT 3
ECONOMIC MEASURES OF PERFORMANCE
INDEPENDENT UNIT
How well have measures of Canada’s economic performance really measured the
well-being of its citizens?
How has the standard of living across various regions of Canada differed?
How has Canada’s standard of living compared to other countries in the world?
The overall performance of Canada’s economy is of great interest to all Canadians
and those around the world. Our 4 important indicators that measure performance
are Gross Domestic Product, Inflation, Unemployment and Standard of Living. These
statistics are quoted often by politicians, businesspeople and of course economists.
In this unit, we will assess their validity in measuring our well-being.
Your tasks for this unit include:
1)
2)
3)
4)
5)
Chapter 9 – Take notes and answer all Check you Understanding
questions. Complete Applying Okun’s Law (pg 206) and the end of
chapter activities (pg 214) #2-6, 12.
Brief Position Paper - Is the GDP statistic a valid measure for economic
growth? (2-3 pages)
Compare Canada’s economic performance to that of another country.
Include the statistical measures of population, GDP, GDP per capita,
poverty rates, inflation and unemployment, update them to current
Canadian rates and compare it with another country. Write a short
response (1-2 pages) as to which economy is performing better and who
has the better standard of living. This assignment must include a works
cited.
Chapter 15 - Take notes and answer all Check you Understanding
questions.
Culminating Activity – Panel Discussion
You will, in groups, be representing a national region and assess
economic performance statistics’ ability to measure standard of living.
The panel discussion will discuss the following question:
How well has Canada’s economic measures of performance really measured
the well being of its citizens?
Delegations present:
British Columbia
Alberta
Saskatchewan/ Manitoba
Ontario
Quebec
Maritimes (Nfld, NB, NS, PEI)
Native Peoples/Territories (Yukon, NWT, Nun.)
Federal Government (3)
Your panel discussion presentation must include an annotated Works Cited.
Note: The tasks above should be completed in order.
Due Dates:
Wednesday, October 17
Friday, October 12
Wednesday, October 24
Wednesday, October 25
Monday, October 29
Wednesday, October 31
Thursday, November 1
Assignment Handed Out
Computer Lab
Chapter 9 Quiz
Computer Lab
GDP Paper and Country Comparison Due
Unit Test
Panel Discussion Begins