Social Science Education Consortium
Performance of National Economy: How Do We Measure the Economy's Health? [Pdf]
This investigation helps students clarify economic performance measures. These include: percentage changes in the Gross Domestic Product or the Consumer Price Index, how the labor force is measured, the meaning of employment and...
Robert Schenk, PhD
Cyber Economics: Measuring the Economy Inflation
This site from the St. Joseph's College provides an explanation of inflation, including a section on how to calculate a consumer price index.
US Department of Labor
Bureau of Labor Statistics: Inflation Calculator
This site is really a calculator that tells you what the buying power of a given amount of money for a certain year would be in a different year.
Robert Schenk, PhD
Cyber Economics: Measuring the Economy: An Overview
How the United States government measures the three most commonly used concepts based on aggregated markets: the unemployment rate, the rate of inflation, and Gross Domestic Product. Content explains the purpose of each measurement, how...