Consumer Price Index

Consumer Price Index = market basket in current year / market basket in base year   x  100

*** The equations used at 3:50, 4:28, 4:48 are wrong***   
The correct equation for 3:50 is 50/20 x 100 = 250
The correct equation for 4:28 is 20/40 x 100 = 50
The correct equation for 4:48 is 50/40 x 100 = 125

I will fix the error shortly, but in the mean time, please make the appropriate corrections. 

Macroeconomics vs. Microeconomics

For all juniors and seniors who are interested in taking AP Economics, this video will help explain the primary differences between Microeconomics and Macroeconomics.  Please understand that you do not have to take micro before you take macro.  See me if you have any additional questions.

Unemployment Rate per Degree

http://graphicsweb.wsj.com/documents/NILF1111/#term=