Inflation

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Inflation is the sustained increase in the overall price level of goods and services in an economy over time.

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Course curriculum

1. The Basics of Inflation
2. Deflation v. Disinflation
3. The Market Basket
4. Measuring with CPI
5. The Rate of Change
6. CPI's Blind Spots
7. CPI vs. GDP Deflator
8. Then vs. Now
9. The Money Illusion
10. Winners & Losers
11. Article: Breaking Down Milton Friedman’s Comments from a Recent Elon Musk Repost
12. Advanced Practice

Additional National Income and Price Measurement Modules

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The Economics Olympiad is the world’s largest and most prestigious international competition that ignites the minds of young individuals and empowers them with essential economic knowledge and skills. Through a multi-stage structure, participants embark on a transformative journey, competing at the school, national, and international levels with the finals held in the birthplace of the Olympic Games—Ancient Olympia, Greece.

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Economics Olympiad Prep Modules

Use these modules to prepare for success in the Economics Olympiad competition.

FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

Course curriculum

Content

Additional National Income and Price Measurement Modules

GDP new

Circular Flow

Economics Olympiad Prep Modules