Related Lessons

Lesson: Focus on Economic Data: Consumer Price Index and Inflation, March, 2013

Focus on Economic Data: Consumer Price Index and Inflation, February, 2013

This lesson focuses on the Consumer Price Index (CPI) and rate of inflation reported March 15, 2013, by the U.S. Bureau of Labor Statistics (BLS) for the month of February, 2013. Students will 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.

Grades: 9-12
Published: 04/11/2013

Focus on Economic Data: Consumer Price Index and Inflation: August 2014

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.

Grades: 9-12
Published: 11/14/2014

Focus on Economic Data: The Federal Reserve and Monetary Policy, January 11, 2015

This lesson utilizes the December 16-17, 2014, statement of the Federal Reserve's Federal Open Market Committee (FOMC) to explore the Federal Reserve's twin goals of price stability and full employment. This lesson discusses the role and importance of inflationary expectations for economic stability and effective monetary policy.

Grades: 9-12
Published: 01/29/2015