What makes an item change price over time? Inflation is the obvious answer, but it's not always the correct explanation. High schoolers watch a short, illustrative video about inflation and other causes of price change, as well as the Federal Reserve's ability to regulate these changes.

Concepts

the federal reserve system, inflation, banking, personal finance, currency, prices, financial literacy

Show More Show Less

Additional Tags

social studies

Show More Show Less

Instructional Ideas

• Use the video to augment a lesson on the Fed or when discussing the concept of inflation
• Have class members research historical prices for their favorite products, and compare these price changes to the national rate of inflation

Classroom Considerations

• Does not include a transcript, unlike other videos in the series

• This video is hosted on YouTube

Pros

• Engaging and accessible
• Uses real-world, applicable examples to demonstrate the responsibilities of the Federal Reserve
• Includes a helpful infographic with comparable information

Cons

• None

Common Core

RH.9-10.1 RH.9-10.3 RH.11-12.1 RH.11-12.3 RH.11-12.9 RH.11-12.10