Latest / Economics Happy Hour Podcast
How Should We Calculate the Inflation Rate for College Students?
The US Consumer Price Index (CPI) is the most commonly used inflation indicator in the United States. In this episode, Matt & Jadrian talk with an economics educator from Kansas State University who helps his students develop a price index specifically for college students, akin to the CPI. Dan Kuester explains how this index tracks the cost of goods and services relevant to students, such as tuition, textbooks, housing, and food. The project began as a student initiative in the economics club, aiming to make economic concepts practical and relatable. It’s even been mentioned in major media…
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