Website
Federal Reserve Bank

Federal Reserve Bank of Minneapolis: Cpi Calculator Information

For Students 9th - 10th
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.
Activity
Depaul University

De Paul University: Problems With the Cpi: Limitations of Application

For Students 9th - 10th
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...
Lesson Plan
Council for Economic Education

Econ Ed Link: Cpi the Crystal Ball

For Teachers 9th - 10th
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...
Unit Plan
Khan Academy

Khan Academy: Tracking Inflation

For Students 9th - 10th
When you hear someone talk about the economy, it's pretty likely they'll say something about inflation. What is inflation anyway?.
Unknown Type
Khan Academy

Khan Academy: The Consumer Price Index (Cpi)

For Students 9th - 10th
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.
Lesson Plan
Council for Economic Education

Econ Ed Link: Was Babe Ruth Under Paid?

For Teachers 9th - 10th
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...
Website
US Department of Labor

Bureau of Labor Statistics: Consumer Price Index

For Students 9th - 10th
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.
Unit Plan
Khan Academy

Khan Academy: How Changes in the Cost of Living Are Measured

For Students 9th - 10th
How is inflation measured? What is the consumer price index?.
Lesson Plan
Council for Economic Education

Econ Ed Link: Let's Talk Turkey: The Cost of Thanksgiving Dinner

For Teachers 9th - 10th
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...
Lesson Plan
Social Science Education Consortium

Performance of National Economy: How Do We Measure the Economy's Health? [Pdf]

For Teachers 9th - 10th
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...