Related Lessons

Lesson: What Does A Dollar Really Buy?

Focus on Economic Data: Consumer Price Index and Inflation, November 9, 2014

Using data from the Bureau of Labor Statistics on the Consumer Price Index (CPI), students investigate the latest release for September 2014. Students will explore what a "good" inflation rate is, and why 0% or deflation is harmful to the economy.

Grades: 9-12
Published: 11/19/2014

The Wizard of Oz Visits Japan

Deflationary conditions in the United States have not returned since the Great Depression. Instead, U.S. policymakers have frequently found it necessary to battle inflation over the past sixty years. While not a problem in America, concerns have been recently voiced about the economic effects of deflation in Japan. This EconomicsMinute examines (approximately one century after the publication of "The Wonderful Wizard of Oz") the extent to which the deflationary "wizard" can be expected to influence economic prosperity in Japan at the dawn of the twenty-first century.

Grades: 9-12
Published: 10/18/1999

Avatar, King of the Box Office?

On January 26, 2010, the film Avatar officially topped Titanic as the top-grossing film of all-time at the box office. However, the following day, published an article entitled Is Avatar Really King of the Box Office? The article explains how using calculations such as the Consumer Price Index (CPI), one can show how the film Gone With the Wind has grossed more when the value of the box office receipts are adjusted for inflation.

Grades: 9-12
Published: 10/27/2011

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.

Teaching Financial Crises

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.

Grades: 9-12
Published: 2010

3 out of 9 lessons from this publication relate to this EconEdLink lesson.

Focus: Understanding Economics in U.S. History

Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.

Grades: 9-12
Published: 2006

3 out of 40 lessons from this publication relate to this EconEdLink lesson.

Focus: Understanding Economics in Civics and Government

This publication contains 20 lessons designed to provide an economic insight into topics typically covered in may civics and government classes.

Grades: 9-12
Published: 2009

2 out of 21 lessons from this publication relate to this EconEdLink lesson.