CPI and inflation

On your blog, document the following:

1. Define the following terms:
Consumer Price Index
Inflation
Deflation
Stagflation

2. Review the items used to calculate the CPI. What are you surprised to see on the list? What items are left out of the basket of goods and services used to calculate the CPI?

How much is $87Billion?

Visit this site http://www.crunchweb.net/87billion/ to get some perspective on how much money $87,000,000,000 is.

On your Blog:

1. Define National Debt and Trade Deficit
2. Describe the difference between the two
3. Search the internet to discover the current "National Debt" and "Trade deficit"; post the two numbers on your Blog.
4. In your opinion, which number is hurting the national economy more and why.

Current event article

Using an online resource (msnbc, cnn, cnbc, foxnews, etc.), summarize a current event article on your blog and leave a hyperlink.

Visa's IPO, the Fed's recent actions, Bear Stearns...there is plenty of interesting stuff going on.

Comment on one of your classmate's Blogs

A directory of your fellow student's Blog addresses appears on my econ web-site on the school intranet (it will not be available from outside the school).

Copy the URL below into your browser and visit the Links section of my site.

S:\Josephson\Econ\index.htm

Secure your Blog

Login to your Blog.
Go to Settings Tab
Go to Comments Tab
Choose "Yes" for "Enable Comment Moderation"
Choose "Save settings" button at bottom.