Measuring inflation (HL only)

IB Economics: Measuring inflation (HL only)

This lesson looks at how inflation is calculated via a retail or consumer price index. This is best explained by having your classes complete their own price index, based on typical goods and services they purchase.How is inflation calculated, using a price index.Lesson time: 105 minutesLesson objectives: Explain that inflation and deflation are typically measured by calculating a consumer price index (CPI), which measures...

To access the entire contents of this site, you need to log in or subscribe to it.

You can also request a Free trial or check the blog (which is also free)

All materials on this website are for the exclusive use of teachers and students at subscribing schools for the period of their subscription. Any unauthorised copying or posting of materials on other websites is an infringement of our copyright and could result in your account being blocked and legal action being taken against you.