Discussion of inflation, the CPI index and owners' equivalent rent. [Economics playlist: Lesson 8 of 20]
Describes a simple business, leading to a discussion on inflation/deflation. It also touches on income statements. [Economics playlist: Lesson 1 of 20]
Continues the description of the cupcake business, inflation/deflation, and the income statement. [Economics playlist: Lesson 2 of 20]
Uses a spreadsheet to show why prices decrease when utiliation is low and why prices increase when utilization is high. [Economics playlist: Lesson 3 of 20]
Discusses inflation and deflation. [Economics playlist: Lesson 4 of 20]
Continues the discusion of inflation and capacity utilization. [Economics playlist: Lesson 5 of 20]
Reviews President Obama's Stimulus Package and whether the stimulus is large enough to offset the demand shock created by the contraction of credit. [Economics playlist: Lesson 6 of 20]
Analyzes unemployment data to show that real unemployment is worse than the headline numbers show. [Economics playlist: Lesson 7 of 20]
This 3-minute video lesson explains the basics of deflation. [Core Finance playlist: Lesson 168 of 184]
This resource consists of various Inflation Resources- lessons, graphics, presentations, assignments and quiz questions for teachers to use with Module 33: Macroeconomics within the Financial Literacy courses
In this lesson students will learn about how inflation impacts every Canadian, as it is part of every purchase we require to live: housing, food, clothing, entertainment and more. The calculation of the Consumer Price Index (CPI) is demonstrated through the basket of goods that make up the CPI figures. Knowing about inflation and the impact on financial decisions is very important for students to learn to “stay ahead”; meaning money earned/income needs to equal or be greater than money spent/ expenses, or they will “fall behind” financially. The lesson ends with a demonstration of a single good, calculating the “Big Mac Inflation” and comparing this to all other goods.