Description
This high school financial literacy and applied math lesson is a basic introduction to inflation and rising prices for students in 7th, 8th, 9th or 10th grade. Show your students how the math they learn in class can be useful in real life as they complete this inflation handout and worksheet with real world math problems.
How to Use:
1) A handout with two versions (complete OR note-taking fill-in-the-blanks) is included. Decide which version you want and print a class set with the math questions on the back. The handout answers the following questions about inflation:
- What is inflation?
- How much is acceptable/desirable?
- How is inflation measured?
- Why does inflation increase?
- When is this a problem?
- How can the government try to control inflation?
2) Go through the handout with your class and teach them the answers to these questions.
3) On the second page, four math problems allow students to practice calculating inflation in realistic scenarios (groceries, purchasing power, GICs, mortgage interest rates, etc.). Let your students complete these in pairs, individually, or for homework.
4) Review the answers and calculation methods as a class.
Math Skills Required:
- An understanding of calculating with percentages written as decimals is required for the math questions.
- Some of the percentages are decimal percents: for example, 4.5%
Grades to Use With:
- This lesson is designed for students in 7th grade and above who are learning about more challenging proportional relationships: percentages written as decimals.
- It could be used in consumer math, family and consumer sciences, applied math, or financial literacy courses.
- It could also be used in high school special education classes where appropriate.
What's Included: 5-Page PDF: Ready to Print and Use!
- Teacher Instructions
- Completed Handout
- Handout with Fill-in-the-Blanks
- Real-World Math Problems
- Answer Key
If you enjoy this financial literacy lesson, check out others in my store:
Inflation Worksheets: Rising Prices, High School Financial Literacy Applied Math
Highlights
Save even more with bundles
Description
This high school financial literacy and applied math lesson is a basic introduction to inflation and rising prices for students in 7th, 8th, 9th or 10th grade. Show your students how the math they learn in class can be useful in real life as they complete this inflation handout and worksheet with real world math problems.
How to Use:
1) A handout with two versions (complete OR note-taking fill-in-the-blanks) is included. Decide which version you want and print a class set with the math questions on the back. The handout answers the following questions about inflation:
- What is inflation?
- How much is acceptable/desirable?
- How is inflation measured?
- Why does inflation increase?
- When is this a problem?
- How can the government try to control inflation?
2) Go through the handout with your class and teach them the answers to these questions.
3) On the second page, four math problems allow students to practice calculating inflation in realistic scenarios (groceries, purchasing power, GICs, mortgage interest rates, etc.). Let your students complete these in pairs, individually, or for homework.
4) Review the answers and calculation methods as a class.
Math Skills Required:
- An understanding of calculating with percentages written as decimals is required for the math questions.
- Some of the percentages are decimal percents: for example, 4.5%
Grades to Use With:
- This lesson is designed for students in 7th grade and above who are learning about more challenging proportional relationships: percentages written as decimals.
- It could be used in consumer math, family and consumer sciences, applied math, or financial literacy courses.
- It could also be used in high school special education classes where appropriate.
What's Included: 5-Page PDF: Ready to Print and Use!
- Teacher Instructions
- Completed Handout
- Handout with Fill-in-the-Blanks
- Real-World Math Problems
- Answer Key
If you enjoy this financial literacy lesson, check out others in my store:
Reviews
That's great to hear, JJ! Thanks for taking the time to review this product and share how you used it!
