1. SUB PLANS Students will work on their Warm-up when the bell rings.
Take Attendance on Roll Sheet
After 8 mins, discuss Warm-up vocab. Use the popsicle sticks to call on students randomly to provide the definitions
Read through Inflation slides, give students time to write down the notes
Watch the “Too Much Money” Video – 15 min (The video is already loaded in the DVD player. In order to watch it, press the VIDEO button at the top of the white projector remote. In order to get sound, you will need to switch out the red & white audio cables hanging over the DVD player. Ask my TA Jorge for assistance if needed)
After the video, have the students use Pgs. 341 – 343 in their textbook to complete the Inflation Causes & Effects Web
***Have them turn the Web into
the basket before they leave

2. Monday November 17, 2014 Mr. Goblirsch – Economics
OBJECTIVE – Students Will Be Able To – SWBAT:
- Identify the causes and effects of inflation.
AGENDA:
WARM-UP: Inflation Vocab
CONCEPT: Inflation
VIDEO: Too Much Money
WEB: Causes & Effects of Inflation
Inflation Vocab WARM-UP: (Follow the directions below)
***8 minutes***
Define the terms below using the glossary of your textbook.
Inflation rate - Market basket
Price index - Consumer Price Index (CPI)
Fixed income - Deflation

3. Economic Challenges Inflation
Chapter 13
Economic Challenges
Inflation

4. Inflation The general rise in prices
Decrease in overall purchasing power
Lower ability to purchase goods and services

5. Types of Inflation core inflation rate
inflation rate excluding food and energy prices
Normal Inflation 1-3 % (little effect)
Galloping Inflation
inflation out of control %
Hyper Inflation
Inflation out of control %

6. Price Indexes
A measurement that shows how prices change over time (CPI & PPI)
Using price indexes
consumers and government use them to make economic decisions
Price indexes are used to calculate the inflation rate

7. Consumer Price Index
reports on price changes for 90,000 items in 364 categories
that is called a “market basket”
a representative collection of goods and services
base year—a year used for comparison

8. INFLATION: Cause & Effects Web DIRECTIONS: Draw this web on a separate paper. Turn into the basket.
CAUSES:
Briefly describe each theory about the cause of inflation.
Theory #1 –
Theory #2 –
Theory #3 –
EFFECTS:
Briefly describe each of effects of inflation.
Effect #1 –
Effect #2 –
Effect #3 –
INFLATION