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Lesson Plan
Social Science Education Consortium

Performance of National Economy: How Do We Measure the Economy's Health? [Pdf]

For Teachers 9th - 10th
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...
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Article
Robert Schenk, PhD

Cyber Economics: Measuring the Economy Inflation

For Students 9th - 10th
This site from the St. Joseph's College provides an explanation of inflation, including a section on how to calculate a consumer price index.
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Interactive
US Department of Labor

Bureau of Labor Statistics: Inflation Calculator

For Students 9th - 10th
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.
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Website
Robert Schenk, PhD

Cyber Economics: Measuring the Economy: An Overview

For Students 9th - 10th
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...