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Curated OER
Inflation and Money
High schoolers 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...
Council for Economic Education
Inflation Data: Is the Economy Healthy?
What stories do current trends tell about society, fashion, and the future? Scholars investigate the concept of inflation and its impact on the future of the American economy. They compile current economic data to determine the level of...
Federal Reserve Bank
The Fed's Role in Making and Setting Monetary Policy: Part 1
How does inflation affect the economy, and how can effective monetary policy by the Federal Reserve help control inflation? With the Fisher equation and analysis of annual CPI rates during the 1970s and early 1980s, your...
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
Fashion Sense and Dollar Wise
Learners find the cost of an outfit. In this percentages lesson, students look at ads, pick out an outfit, and find the sale price. They create a commercial and complete 4 included worksheets.
Federal Reserve Bank
Market Basket SMART/ActivInspire Lesson Plan
Inflate your knowledge, not the economy! Pupils learn more about inflation with detailed worksheets and exciting activities such as role play, an interactive PowerPoint presentation, and a project in which they design...
Curated OER
The Inflation Game
Twelfth graders explore the goals of economic growth, stability, full employment, freedom, security, equity, and efficiency as they apply to US economic policy. They is expected to analyze how economic growth, stability, and full...
Federal Reserve Bank
Measuring the Great Depression
Young historians examine the cost of goods and services through the Consumer Price Index (CPI), output measured by Gross Domestic Product (GDP), and unemployment measured by the unemployment rate to gain an understanding of the economic...
Curated OER
The CPI and You
Students examine the consumer price index (CPI). In this economics lesson plan, students explore how the cost of living and inflation indicate the CPI. Students complete activity worksheets in this lesson plan.
Curated OER
Fashion Sense and Dollar Wise
Middle schoolers 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...
Curated OER
The Consumer Price Index: A Measure of Inflation
Young scholars examine inflation over the years and learn to calculate how it changes over time. In this money management lesson plan, students learn how price changes affect their purchasing power, how to come up with strategies for...
Curated OER
Are things Really More Expensive Today?
Young scholars explore the topics of inflation and deflation within the economy. The Consumer Price Index is used to contrast the price of goods today with that of years past.
Khan Academy
Khan Academy: Lesson Summary: Price Indices and Inflation
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,...
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...
Council for Economic Education
Econ Ed Link: Focus on Economic Data: The Inflation Rate
Explore the inflation rate from 2013 through this informative case study. Trace the consumer trends through the graphs and charts on the site.
Council for Economic Education
Econ Ed Link: Was Babe Ruth Under Paid?
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...
Council for Economic Education
Econ Ed Link: What Does a Dollar Really Buy?
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...
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...