Macro: Unit 1.1 -- The Business Cycle

Hey Everyone! I'm Mr. Willis, and You Will Love Economics! In this video, I will: - Introduce the business cycle graph - Define basic terms and explain concepts at the foundation of economic performance, such as expansion, contraction, recession, and depression - Explain how components of the graph serve as economic indicators - Practice identifying business cycles, periods of expansion and contraction, and peaks and troughs through data on Real GDP, unemployment, and price level Are you looking to teach this topic in your class? We have designed an activity to fit perfectly with this video: https://www.teacherspayteachers.com/Product/The-Business-Cycle-Activity-3090009 Follow our store on Teachers Pay Teachers https://www.teacherspayteachers.com/S... Look for us on Social Media: Instagram -- http://www.instagram.com/youwillloveh... Facebook -- http://www.facebook.com/youwilllovehi... Subscribe to our YouTube Channel: https://www.youtube.com/youwillloveeconomics Check out our website for teaching tips and insight from us: https://sites.google.com/view/you-wil...