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Analyzing Inflation Data

(*)(*)(*)(*)( ) ( 3.8, 331 students)
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  • Price per ClassroomFREE
  • Grade Levels 7, 8, 9, 10
  • Topics Budgeting
  • Duration 15 Minutes
  • Auto Scored? Yes
  • Teacher Evaluation Needed? No

Activity Description

In this data analysis activity, students will analyze a line graph displaying the price increases of ten products from 1997 to 2022, driven by inflationary forces. This engaging visual representation will provide them with a historical perspective on how inflation impacts consumer prices over time.

Students will be asked a series of review questions to understand why the budget should be adjusted every year to take inflation into account. This will be followed by a research question to write down five products whose prices changed from last year to this year due to inflation.

Learning Objective

Students will gain a comprehensive understanding of the effects of inflation on consumer prices and its implications for budgeting.

Teacher Tips

Included with the activity, you can view the tips to clarify student's doubts or to evaluate answers (for a teacher scored worksheet).
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  • Price per ClassroomFREE
  • Grade Levels 7, 8, 9, 10
  • Topics Budgeting
  • Duration 15 Minutes
  • Auto Scored? Yes
  • Teacher Evaluation Needed? No