Econ Focus

Spring/Summer 2008

Jargon Alert

Productivity
by Khalid Abdall

Article Summary

This article contains an excellent discussion of labor productivity - how it is measured, the factors that contribute to it and what they mean including comparison and discussion of TFP (total factor productivity).

Lesson Plan

I Don't Want Much, I Just Want More: Allocation, Competition and Productivity
Summary: In this lesson, students will examine different methods for allocating resources, taking note of the cost and benefits associated with each method. This analysis will help students to understand competition and productivity as important elements of the U.S. market economy. Grade Level: 9-12th