This lesson focuses on the Consumer Price Index (CPI) and rate of inflation reported April 16, 2013, by the U.S. Bureau of Labor Statistics (BLS) for the month of March, 2013. Students read the BLS report, analyze the meaning of the CPI data, determine the change in consumer prices, and explore the impact of the change in the price level on themselves, their families, consumers, and producers.
Using data from the Bureau of Labor Statistics on the Consumer Price Index (CPI), students investigate the latest release for August 2014. Students analyze the components of the inflation rate measure, explore the issues with respect to the methodology, and develop an understanding of the impact of inflation on different groups of people.
Using data from the Bureau of Labor Statistics for the Consumer Price Index (CPI), students explore the latest release for January 2015, analyze the extent to which consumer misperception about the inflation rate can exist, and explore the consequences of this misperception.
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Teaching Financial Crises is an eight lesson resource that provides an organizing framework in which to contextualize all of the media attention that has been paid to the recent financial crisis, as well as put it in a historical context. The current events stories, opinion pieces, and other popular media pieces that are today in great supply have generally not connected to educational objectives, historical analysis, and economic processes and concepts that are used in the high school classroom. In Teaching Financial Crises, teachers will find a non-partisan and non-ideological resource to help them simplify and offer balanced perspectives on this challenging subject matter.
1 out of 9 lessons from this publication relate to this EconEdLink lesson.