Price Tracking Project

Introduction

The idea of this assignment is to track prices on a set of retail items and examine how their prices change over a period of time.

Tasks

  1. Select five (5) items that are sold at retail (like at a local store)
  2. Record the prices of these items once each week for five (5) weeks
  3. Create a chart that:
    • Lists each item
    • Record the name and location of where each item is sold
    • Track the items' price
  4. At the end of the five week period the chart needs to be formatted so that it is suitable for classroom display.
    • Your work should be mounted on construction paper or the like
    • Consider using photographs or cutouts from advertisements of the items you have tracked

 

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Conclusion

Does the information gathered inform us about the concepts of supply and demand or inflation?

Evaluation

 

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09/21/04