Spring 2015
Articles
- Personal Financial Education in the Southeast
- Service Learning and Community Outreach in Personal Finance
- Know about Student Loan Debt
- Financing Human Capital
- Financial Literacy Month
- Teaching about Taxes
- Landfill Harmonic
- EconSouth Guided Reading Questions
- Music Meets Econ
- Bringing Economics Center Stage
- The Nashville Music Economy
- Arts and Economics Infographic
- Curriculum Unit: Making Finance Personal
- Lesson: Factors Influencing GDP
- Lesson: CPI and Inflation
- Lesson: Unemployment
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Baskets, Base Years, and Bias: Constructing and Using a Student Price Index
In this activity, students will simulate how changes in the money supply in their classroom economy affect the price of a market basket of goods auctioned in their classroom. Students will then construct a price index using a simplified basket of teen-friendly goods and services. Using their market basket values, students will calculate a student price index and an inflation rate. Students will prepare a short paper or presentation analyzing the validity of using their Student Price Index as a measure of inflation.
Lesson Components
Winner of the National Association of Economic Educators' Gold Award of Excellence
