A case study: The inflation rate
http://www.econedlink.org/lessons/index.cfm?lesson=EM222&page=teacher
A lesson plan for grades 10–12 Social Studies
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The goal of this EconEdLink lesson plan is to provide teachers and students access to interpretations of the rates of fluctuation in the U.S. economy, using current data. Included are descriptions of data announcements, historical perspectives, and questions and activities that reinforce and develop understanding of relevant concepts. A list is also provided that contains links to sources of additional resources and activities.
North Carolina Curriculum Alignment
Social Studies (2003)
Grade 10
- Goal 8: The learner will analyze features of the economic system of the United States.
- Objective 8.04: Illustrate how supply and demand affects prices.
- Objective 8.05: Predict how prices change when there is either a shortage or surplus.
- Objective 8.06: Explain how changes in the level of competition can affect price and output levels.
Grade 11–12 — Economics
- Goal 5: The learner will examine the various ways economic performance is measured.
- Objective 5.04: Identify the causes of inflation and analyze its impact on economic decisions.
- Objective 5.06: Identify causes and effects of inflation, and analyze its impact on economic decisions.
- Objective 5.07: Illustrate and explain the determinant of unemployment and inflation in an economy.
