Making Sense of the Ups and Downs of Prices (Page One Economics Classroom Edition)
Classroom Edition (.pdf)
Have you ever heard someone say “Back in my day, a gallon of gas cost a quarter!” Comparing today’s prices with prices “back in the day” can be misleading. Both inflation and deflation between then and now have to be taken into account. Read the August 2013 Page One Economics Newsletter to learn more about the effects of inflation on prices.
Go to the Page One Economics web site.
Keep your students in the know on timely economic issues with the new Page One Economics Newsletter Classroom Edition. The Page One Economics newsletter provides a simple, short overview of a current economic event. The Teacher’s Guide includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. You can subscribe via RSS feed.
Graphs compliments of FRED®.
Tags: 9-12, AP, College, Consumer Price Index (CPI), Cost, Costs, Deflation, Dual Mandate, Economics, English, Federal Reserve System, General Audience/Consumers, Inflation, Inflation Rate, Interest Rate, Lessons, Library, Monetary Policy, Newsletter, Page One Classroom, Personal Finance, Price Stability