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Lesson Plan

Khan Academy: Lesson Summary: Price Indices and Inflation

Curated by ACT

In this lesson summary review and remind yourself of the key terms and calculations used in measuring inflation. Topics include the consumer price index (CPI), calculating the rate of inflation, the distinction between inflation, deflation, and disinflation, and the shortcomings of the CPI as a measure of the cost of living. Lesson Summary: Price Indices and Inflation

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Concepts
economics, economy, inflation, economic indicators, macroeconomics
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Additional Tags
business cycle, price index, ap macroeconomics, economic indicators and the business cycle, khan academy, khan academy: lesson summary: price indices and inflation, lesson summary: price indices and inflation, price indices and inflation, price indices, major price indices
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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Instructional