Active Learning
How much would an iPhone cost in 1991? Students try to build one using 1990s technology to understand the difficulties of comparing values over time.
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Money & Inflation
Getting Started
1) Fill out this form to request curriculum and answer keys.
2) MRU will verify that you’re a teacher.
3) MRU will send you an email with a link to lesson plans, assignments, and answer keys.
4) If you have any questions, email us!
Unit Plan Details
• Google Docs-based materials for easy editing and adaptation
• Google Slides for teaching (with “walkthrough” videos)
• Student worksheets available for each lesson plan
• Answer keys available for every assignment
• Google Forms available for most Exit Tickets
• Assessment bank featuring both multiple choice and short answer questions (with answer key)
• Videos available through YouTube
Money & Inflation
GDP: A Measure
of Economic Health
(and how to beat it!)
• 100% free (no inflation here)
• 6 lesson plans
• Easy-to-use
Engaging Activities
Chock-full of interactive games, videos, and real-world examples to keep students engaged.
Teacher Friendly
Easy-to-understand lesson plans, Google Slides for teaching, activities for students, and answer keys provided.
Science of Learning
Use techniques such as retrieval practice and interleaving to optimize student learning and retention.
Money & Inflation
GDP: A Measure
of Economic Health
Money & Inflation
Applicable High School Courses:
6-Day Unit Plan Overview
Day 1
What Is Money?
Classroom Debate
What is the most important primitive invention? Fire, the wheel or… money?
Interactive Practice
Students test their knowledge on the three functions of money.
Featuring:
Day 2
History of Money
Learn
What makes an item money? What weird things were used as money over the years? Chocolate, shells, and honey buns??
Video
Why gold? A chemist goes through the periodic chart and explains why ancient society after ancient society landed on gold as money.
Featuring:
Day 3
Inflation: the What and the Why
Classroom Activity
Students experience the effect of the money supply on prices by playing an auction game.
Video + Comprehension Q's
How did Zimbabwe end up with a 100 trillion-dollar bill?
An engaging video reveals how hyperinflation happens.
Featuring:
Day 4
Measuring Inflation
Video + Comprehension Q's
Students learn about the Consumer Price Index (CPI) and how it is calculated.
Interactive Practice
Do Air Jordans cost more today or when they came out? And was the Model T more expensive than a modern day sedan?
Featuring:
• High School Economics
• AP Macroeconomics
• Civics and Economics
Day 5
Biases in the Consumer Price Index (CPI)
Classroom Discussion
Students discuss whether the iPhone’s “real price” has gone up and then use CPI data to reveal the answer.
Classroom Activity
What is the right price comparison for the iPhone in the 1990s? How does the CPI overstate or understate inflation?
Featuring:
Day 6
Winners and Losers of Inflation
Video Activity
Students role play in various historical time periods to see if they can make the right decision to beat inflation.
Simulation Game
Students apply everything they’ve learned in an interactive game to see who can best beat inflation.
Featuring:
Videos
Introduce a key concept, like hyperinflation, using an animated video with integrated questions.
Active Learning
How much would an iPhone cost in 1991? Students try to build one using 1990s technology to understand
the difficulties of comparing values over time.
Unit Plan Details
•Google Docs-based materials for easy editing and adaptation
•Google Slides for teaching (with “walkthrough” videos)
•Student worksheets available for each lesson plan
•Answer keys available for
every assignment
•Google Forms available for most
Exit Tickets
•Assessment bank featuring both multiple choice and short answer questions (with answer key)
•Videos available through YouTube
Getting Started
1) Fill out this form to request curriculum
and answer keys.
2) MRU will verify that you’re a teacher.
3) MRU will send you an email with a link to lesson plans, assignments, and answer keys.
4) If you have any questions, email us!
Outstanding videos and practice questions - nothing like it anywhere. This is reshaping how I teach and what I teach - I have shared it with my colleagues. Thank you for your forward-thinking approach to teaching.
– Dave S., Canada
I've found this new format (connecting video-homework-multiple choice, etc. in a "pill" format) absolutely terrific!
– Mario S., Spain
My students loved the globalization lessons. They were really engaged and particularly liked the videos.
– Kathleen B., USA
I love it! It looks like so much fun to teach. I can't wait.
– Joe P., USA
Globalization is a huge curriculum need. This fills the void.
– Michelle C., USA
I really enjoyed the curriculum as it made globalization real for the students.
– Michael S., USA
I will 100% be replacing my current unit on globalization with this!
– Kyle D., USA
– Testimonials –
Outstanding videos and practice questions - nothing like it anywhere.
This is reshaping how I teach and what
I teach - I have shared it with my colleagues. Thank you for your forward-thinking approach to teaching.
– Dave S., Canada
I've found this new format (connecting video-homework-multiple choice, etc. in
a "pill" format) absolutely terrific!
– Mario S., Spain
My students loved the globalization lessons. They were really engaged and particularly liked the videos.
– Kathleen B., USA
I love it! It looks like so much fun to teach. I can't wait.
– Joe P., USA
Globalization is a huge curriculum need. This fills the void.
– Michelle C., USA
I really enjoyed the curriculum as it made globalization real for the students.
– Michael S., USA
I will 100% be replacing my current unit on globalization with this!
– Kyle D., USA
– Testimonials –
Unit Plan Overview
Day 1
What Is Money?
Classroom Debate
What is the most important primitive invention? Fire, the wheel or… money?
Interactive Practice
Students test their knowledge on the three functions of money.
Featuring:
Day 2
History of Money
Learn
What makes an item money? What weird things were used as money over the years? Chocolate, shells, and honey buns??
Video
Why gold? A chemist goes through the periodic chart and explains why ancient society after ancient society landed on gold as money.
Featuring:
Days 3
Inflation: the What
and the Why
Classroom Activity
Students experience the effect of the money supply on prices by playing an auction game.
Video + Comprehension Q's
How did Zimbabwe end up with a 100 trillion-dollar bill?
An engaging video reveals how hyperinflation happens.
Featuring:
Day 5
Biases in the Consumer Price Index (CPI)
Classroom Discussion
Students discuss whether the iPhone’s “real price” has gone up and then use CPI data to reveal the answer.
Classroom Activity
What is the right price comparison for the iPhone in the 1990s? How does the CPI overstate or understate inflation?
Featuring:
Day 4
Measuring Inflation
Video + Comprehension Q's
Students learn about the Consumer Price Index (CPI) and how it is calculated.
Interactive Practice
Do Air Jordans cost more today or when they came out? And was the Model T more expensive than a modern day sedan?
Featuring:
Day 6
Winners and Losers
of Inflation
Video Activity
Students role play in various historical time periods to see if they can make the right decision to beat inflation.
Simulation Game
Students apply everything they’ve learned in an interactive game to see who can best beat inflation.
Featuring:
Applicable High School Courses:
• High School Economics
• AP Macroeconomics
• Civics and Economics
Money & Inflation
▶
Interactive Practice
What goods have gotten more expensive over time and which ones less? Use a simple interactive to teach students how to compare prices over time.
◀
Real-World Examples
Show your students that economics is all around them.
(and how to beat it!)
• 100% free (no inflation here)
• 6 lesson plans
• Easy-to-use
Engaging Activities
Chock-full of interactive games, videos, and real-world examples to keep students engaged.
Science of Learning
Use techniques such as retrieval practice and interleaving to optimize student learning and retention.
Teacher Friendly
Easy-to-understand lesson plans, Google Slides for teaching, activities for students, and answer keys provided.
Money & Inflation
Videos
Introduce a key concept, like hyperinflation, using an animated video with integrated questions.
◀
Interactive Practice
What goods have gotten more expensive over time and which ones less? Use a simple interactive to teach students how to compare prices over time.
HIGH SCHOOL UNIT PLAN
