Good Explanations of Inflation, Recession, and Bubbles
Turn on any financial news network like CNBC these days and you’re likely to hear some discussion about inflation and concerns about recession. Even if your students aren’t listening to those stories, they might be hearing about them from their parents or perhaps in your classroom as part of a current events discussion. Financial news […]
Short Lessons on the Value of Money
Last week TED-Ed published a new video lesson titled Why Can’t Governments Print an Unlimited Amount of Money? The purpose of the video is to explain how governments, particularly the United States federal government, were able to spend trillions of dollars on COVID-19 economic relief programs in the last year. The video explains the role of […]
Inflation Calculator – Show Students Changes in the Value of Money
When I was a kid a 3 Musketeers bar cost 30 cents at my favorite shop, North End Pharmacy. The last time that I saw one in a gas station it cost $1.39. That’s ridiculous! What happened? Inflation, happened. I like to use that candy bar example whenever I begin to explain inflation to kids. […]