Inflation Economics Lesson!

Inflation Economics Lesson!
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498 KB|6 pages
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  1. Greetings Friend! It’s so easy to turn economic indicators into a boring series of definitions and calculations (think Ben Stein in Ferris Bueller’s Day Off). Yet this unit is one of the most relevant to students’ lives outside high school since they’re bound to be affected by economic performance t
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Greetings Friend!

If you’re like me, you’re totally tired of PowerPoints by this point in the semester (even though mine are far more engaging than your average PPT!). With topics like inflation, students have heard the term thrown around in History class and on the news for years. It’s one of those topics where they kind of already know what t is but are not quite sure. Well, I designed this lesson to combine their prior knowledge of inflation with their concrete understanding of how supply and demand work to help students figure out inflation on their own!

This lesson will teach your students all about inflation, hyperinflation, deflation, causes of inflation, and a basic understanding of CPI. For this lesson, students will first figure out what causes inflation in an engaging activity that uses prior knowledge and the laws of supply and demand. Then, they’ll read the official definitions of each term above and complete a critical thinking response.

What to Expect:

  • Suggested Warm Up (no worksheet provided)
  • Intro to Inflation Activity Handout (& Teacher Answer Key)
  • Overview of Inflation & Deflation Handout
  • Suggested Lesson Plan

This resource is also a part of this discounted bundle: Economic Indicators Research-Based Unit Bundle

I usually teach this lesson in one 50-minute period.

Materials Needed:

  • Class set of included worksheets

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For freebies, teaching tips, and more, sign up for my monthly newsletter and check out my blog! When you sign up, your first email will come with FREE supply and demand warm ups!

Total Pages
6 pages
Answer Key
Included
Teaching Duration
40 minutes
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