Curated OER
Fashion Sense and Dollar Wise
Students work in groups to show understanding of the relationship between fractions, decimals, percentages, and the application of ratios and proportions. In this decimals, fractions, and percents lesson, students use real life consumer...
Curated OER
Fashion Sense and Dollar Wise
Students find the cost of an outfit. In this percentages lesson plan, students look at ads, pick out an outfit, and find the sale price. They create a commercial and complete 4 included worksheets.
Curated OER
Gross Domestic Product in the Real World
High schoolers gain knowledge of Gross Domestic Products and how they are used as an economic indicator. They bring articles that mention GDP and decide how it is used in articles. Students present orally their findings to the class.
Curated OER
Rising Gas Prices – Compounding and Inflation
Financial literacy skills and exponential models are connected by the compound interest formula in this task centered on inflation calculations. Collaborative learners get experience collecting data from the given websites and exploring...
Curated OER
Inflation and Money
Learners examine the relationship between inflation and money. Defining key terms, they define money in terms of its functions and give examples of money. They discover what happens when inflation occurs unexpectedly. They also examine...
Curated OER
Economic Recessions
Learners examine the characteristics of recessions and explore the role of government in encouraging business investment. They discuss why the services segment of employment has increased and list companies in their area that qualify as...
Curated OER
Government Lesson Plan 19
Students define vocabulary terms related to monetary policies, and apply monetary tools to solve economic scenarios.
Curated OER
Salaries
Students are engaged in the study of salaries and how they vary according to different occupations. They conduct research using a variety of resources in order to summarize the earnings potential in the human services field.
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.
US Department of Labor
Bureau of Labor Statistics: Consumer Price Index
Extensive information about the Consumer Price Index. Constantly updated.
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.
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.
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.
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.
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.
Khan Academy
Khan Academy: How Changes in the Cost of Living Are Measured
How is inflation measured? What is the consumer price index?.
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...
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.
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.
Social Science Education Consortium
Performance of National Economy: How Do We Measure the Economy's Health? [Pdf]
This investigation helps young scholars 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...
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...
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...