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Price Tag Time Machine: Exploring Percent Change Through Grocery Costs
Price Tag Time Machine: Exploring Percent Change Through Grocery Costs
Price Tag Time Machine: Exploring Percent Change Through Grocery Costs
Price Tag Time Machine: Exploring Percent Change Through Grocery Costs
Price Tag Time Machine: Exploring Percent Change Through Grocery Costs
Price Tag Time Machine: Exploring Percent Change Through Grocery Costs
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Description

In this engaging math lesson, students explore the concept of percent change using real-world data on grocery item prices from 2020 to 2024. By examining actual or simulated price data for common items (e.g., milk, bread, eggs, and produce), students calculate the percent increase or decrease in prices over time. The activity is structured to highlight how changes in economic factors, such as inflation or supply chain disruptions, impact everyday expenses.

Students work in pairs or small groups, using grocery lists and corresponding price data to perform calculations. The lesson also includes a discussion about why prices might have changed and how such changes affect families. As a culminating activity, students reflect on the importance of budgeting and financial literacy in light of price fluctuations.

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Price Tag Time Machine: Exploring Percent Change Through Grocery Costs

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Digital downloads
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Grades
7th
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Standards
Pages
3
Teaching Duration
1 hour

Description

In this engaging math lesson, students explore the concept of percent change using real-world data on grocery item prices from 2020 to 2024. By examining actual or simulated price data for common items (e.g., milk, bread, eggs, and produce), students calculate the percent increase or decrease in prices over time. The activity is structured to highlight how changes in economic factors, such as inflation or supply chain disruptions, impact everyday expenses.

Students work in pairs or small groups, using grocery lists and corresponding price data to perform calculations. The lesson also includes a discussion about why prices might have changed and how such changes affect families. As a culminating activity, students reflect on the importance of budgeting and financial literacy in light of price fluctuations.

Report this resource to TPT
Reported resources will be reviewed by our team. Report this resource to let us know if this resource violates TPT's content guidelines.

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Standards

to see state-specific standards (only available in the US).
Represent proportional relationships by equations. For example, if total cost 𝘡 is proportional to the number 𝘯 of items purchased at a constant price 𝘱, the relationship between the total cost and the number of items can be expressed as 𝘡 = 𝘱𝘯.
Use proportional relationships to solve multistep ratio and percent problems. Examples: simple interest, tax, markups and markdowns, gratuities and commissions, fees, percent increase and decrease, percent error.
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