--- title: "SSEMA1: Measuring Economic Activity (Georgia Social Studies standard)" code: SSEMA1 cite_as: Georgia Standards of Excellence, Social Studies, SSEMA1 subject: social_studies grades: - high-school language: en canonical_url: https://georgiahomeroom.org/standards/code/SSEMA1 md_url: https://georgiahomeroom.org/standards/code/SSEMA1.md alternate_language_url: https://georgiahomeroom.org/es/standards/code/SSEMA1.md source_url: https://case.georgiastandards.org/ims/case/v1p1/CFDocuments/a446e74c-463e-11e7-94f5-b49cee8b2d8c source_last_changed: 2025-02-04 data_built: 2026-09-18 publisher: Georgia Homeroom, a free public-interest project of Georgia Civic Data. Not affiliated with or endorsed by the Georgia Department of Education or any school district. up: https://georgiahomeroom.org/standards/social_studies/high-school.md index: https://georgiahomeroom.org/standards/index.md --- # SSEMA1: Measuring Economic Activity Explain the methods by which economic activity is measured. - Subject: Social Studies - Appears in: High School, https://georgiahomeroom.org/standards/social_studies/high-school.md ## Expectations - **SSEMA1a**: Describe key economic outcomes and how they are measured including economic growth using Gross Domestic Product (GDP) and real GDP; price stability using the Consumer Price Index (CPI); and full employment using the unemployment rate. - **SSEMA1b**: Explain the differences between seasonal, structural, cyclical, and frictional unemployment. - **SSEMA1c**: Describe the stages of the business cycle and its relation to economic measurement, including: peak, contraction, trough, recovery/expansion as well as recession. ## Georgia Milestones coverage No Georgia Milestones blueprint cites this standard. Source: Georgia Standards of Excellence, published by the Georgia Department of Education at case.georgiastandards.org.