What is GDP?

We are currently studying Gross Domestic Product (GDP) in class.

1) Start by watching the following video ....

2)Click on this BBC webpage that has all the remaining information you will need to answer our worksheet on GDP.

3) Find an online resource (eg post on another website, video etc) that helps explain the economic idea of GDP. Make sure that you show it to Mr Hartnett!!

4) Finally, if you have time .... does increasing GDP mean that people get happier? What do you think? Is there a better measure that economists could use?