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Lessons & Activities
46-60 min
Market Basket
OVERVIEW
In this lesson, compare the price of goods from one time period to another and through discussion and role play interpret the effects of inflation on consumers. Categorize goods and services according to the eight major groups of the consumer price index.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Inflation
Introduce the concept of inflation.
MODULES
16-30 MIN
Inflation: What a Dollar Buys Over Time
Students learn how inflation affects purchasing power with examples, interactive tools, and a quiz.
READING Q&A
0-15 MIN
FRED Q & A: Comparing the Consumer Price Index and the Producer Price Index
Introduce the difference between two common price indices used to measure the health of the economy.
CURRICULUM UNITS
Federal Reserve Economic Fundamentals: High School Curriculum
Introduce basic economic concepts with ten independent hands-on lesson plans.
LESSONS & ACTIVITIES
46-60 MIN
The Economic Goal of Price Stability
Simulate a consumer's experience when dealing with unstable prices.
