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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.
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...
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...
Khan Academy
Khan Academy: Tracking Inflation
When you hear someone talk about the economy, it's pretty likely they'll say something about inflation. What is inflation anyway?.
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.
Council for Economic Education
Econ Ed Link: Was Babe Ruth Under Paid?
This lesson demonstrates a method for teaching young scholars 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...
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: How Changes in the Cost of Living Are Measured
How is inflation measured? What is the consumer price index?.
Council for Economic Education
Econ Ed Link: Let's Talk Turkey: The Cost of Thanksgiving Dinner
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...
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...