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Federal Reserve Bank
Federal Reserve Bank of St. Louis: Consumer Price Index for All Urban Consumers
Students can investigate the consumer price index for all urban consumers. The resource includes an interactive graph and information about the index.
US Department of Labor
Bureau of Labor Statistics: Consumer Price Index
This resource provides comprehensive information with topic areas covering statistics, news releases, FAQs, official government publications and more information pertaining to the consumer price index.
Khan Academy
Khan Academy: The Consumer Price Index (Cpi)
Practice what you've learned about how to calculate the consumer price index and the rate of inflation, as well as the limitations of the CPI in this exercise.
Practical Money Skills
Practical Money Skills: Consumer Price Index
Consumer Price Index or cost-of-living index is a measure of the change in price that an average consumer pays for a pre-defined "market basket" of goods and services. It is one of the key measurements of inflation.
Khan Academy
Khan Academy: How Changes in the Cost of Living Are Measured
How is inflation measured? What is the consumer price index?.
US Department of Labor
Bureau of Labor Statistics: Producer Price Indexes
This page presents general information on the Producer Price Index, detailed statistics, tables and official publications, and more.
Federal Reserve Bank
Federal Reserve Bank of Minneapolis: Cpi Calculator Information
Provides a consumer price index (CPI) calculator. Enter in a dollar and year and it will tell you how much it is worth today. Also includes good links to additional CPI information resources, and a link to a mobile app.
US Department of Labor
Bureau of Labor Statistics: Cpi Frequently Asked Questions
These frequently asked questions about the Consumer Price Index provide a nice overview of general information on the CPI.
US Department of Labor
Bureau of Labor Statistics: u.s. Economy at a Glance
The seven major economic indicators for the U.S. economy are listed here in an easy to read chart. The seven indicators are unemployment rate, change in hourly employment, average hourly earnings, consumer price index, producer price...
Depaul University
De Paul University: Problems With the Cpi: Limitations of Application
This article discusses the types of bias which can occur when using the Consumer Price Inex. It examines how much product quality change is actually represented by the consumer price index, and discusses methods used to overcome some of...
Social Science Education Consortium
Performance of National Economy: How Do We Measure the Economy's Health? [Pdf]
This investigation helps learners clarify economic performance measures. These include: percentage changes in the Gross Domestic Product or the Consumer Price Index, how the labor force is measured, the meaning of employment and...
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Classroom Economist: Inflation
This learning module explains key concepts regarding inflation, including inflation targeting, the consumer price index, core inflation, and more.
Other
Reference for Business: Implicit Price Deflator
A description of inflation, deflation, the consumer price index, and the implicit price deflator.
Khan Academy
Khan Academy: Lesson Summary: Price Indices and Inflation
In this lesson summary review and remind yourself of the key terms and calculations used in measuring inflation. Topics include the consumer price index (CPI), calculating the rate of inflation, the distinction between inflation,...
Texas Education Agency
Texas Gateway: Chapter 8: How Changes in the Cost of Living Are Measured
By the end of this section, you will be able to do the following: Use the Consumer Price Index (CPI) to calculate U.S. inflation rates; Identify several ways the Bureau of Labor Statistics avoids biases in the CPI; Differentiate among...
Council for Economic Education
Econ Ed Link: Was Babe Ruth Under Paid?
This lesson demonstrates a method for teaching students about inflation and the Consumer Price Index, using baseball players' salaries for purposes of illustration. Babe Ruth's salary from 1931 is adjusted to account for changes in the...
Council for Economic Education
Econ Ed Link: Cpi the Crystal Ball
Governments and other financial organizations are constantly measuring trends in the economy to try to predict what will happen next. The ability to successfully predict economic trends has a profound effect on whether or not a business...
US Department of Labor
Bureau of Labor Statistics: Cpi Faq: What Are Some Limitations of the Cpi?
As part of a list of frequently asked questions, this one discusses limitations of the Consumer Price Index.
Depaul University
De Paul University: Measuring the Changing Value of Money
A complete overview from DePaul University of the consumer price index and inflation. Gives an overview of the concept of inflation, how to compute the CPI, some problems with the CPI, and much more. Also provides some exercises for...
Council for Economic Education
Econ Ed Link: Avatar, King of the Box Office?
On January 26, 2010, the film Avatar officially topped Titanic as the top-grossing film of all-time at the box office. However, the following day, Forbes.com published an article entitled Is Avatar Really King of the Box Office? The...
Robert Schenk, PhD
Cyber Economics: Measuring the Economy Inflation
This site from the St. Joseph's College provides an explanation of inflation, including a section on how to calculate a consumer price index.
Texas Education Agency
Texas Gateway: C 8: How the United States & Other Countries Experience Inflation
By the end of this section, you will be able to do the following: Identify the difference between demand-pull inflation and cost-push inflation, Identify patterns of inflation for the United States using data from the Consumer Price...
Illustrative Mathematics
Illustrative Mathematics: F Le Rising Gas Prices Compounding and Inflation
In this task, students explore exponential models in the context of a real-world problem. Students learn about price inflation for a single commodity and are introduced to the Consumer Price Index for measuring the inflation of a body of...
Federal Reserve Bank
Federal Reserve Bank of Atlanta: Price Stability
Highlights the goal of price stability and features price level measures and terminology.
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