With the start of the new year in 2002, the 12 members of the European Union launched a single currency across their borders, replacing individual country currencies and singling out the Euro as their one shared monetary denomination. Marketplace, a daily economics news program heard on National Public Radio, featured a story on January 2, 2002 about the currency change of the landmark event. (This lesson should be used as an introduction to this topic. There is another Economics Minute The Euro Makes its Debut that would be a good follow-up to this lesson.)
The students investigate money--its purpose and functions. They complete an exercise, using the online acution site Ebay, to learn why money is critical to an economy.
The seasonally adjusted rate of change in the consumer price index during the month of February 2002 was 0.2 percent or an increase of two-tenths of one percent. The rate of increase in the consumer price index over the past twelve months was 1.1 percent. In February, the core consumer price index, which excludes energy and food prices, increased by 0.3 percent.
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This publication contains 23 lessons that introduce high school students to the world of investing--its benefits and risks and the critical role it plays in fostering capital formation and job creation in our free market system.
4 out of 23 lessons from this publication relate to this EconEdLink lesson.
Created specifically for middle school mathematics teachers, this publication shows how mathematics concepts and knowledge can be used to develop economic and personal financial understandings.
2 out of 12 lessons from this publication relate to this EconEdLink lesson.
Created as a supplement to existing middle school world geography and world history courses, the 5 units in this guide introduce students to the basics of global trade.
1 out of 7 lessons from this publication relate to this EconEdLink lesson.