In this lesson plan 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,...

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...

When you hear someone talk about the economy, it's pretty likely they'll say something about inflation. What is inflation anyway?.

Explore the inflation rate from 2013 through this informative case study. Trace the consumer trends through the graphs and charts on the site.

This is a list of key terms and definitions covering Chapter 8: Inflation.

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.

This lesson demonstrates a method for teaching learners 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...

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.

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...

How is inflation measured? What is the consumer price index?.

Students will describe the purpose of a price index, and how it is calculated. Then students will describe the weaknesses of the CPI, and interpret CPI data as a measure of economic health. Finally, students will identify who is harmed...

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.

How does your family celebrate Thanksgiving? Are you joined by friends and/or family for a special feast? What do you eat? Most American families celebrate Thanksgiving by cooking turkey. According to EatTurkey.com, approx. 88 percent of...

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...

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...