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The lecture from Open Tuition introduces the concept of rate of change in variables, with a focus on measuring the effect of inflation on prices. Using the example of coffee and tea prices, it is shown how to calculate the rate of change between specified time periods. By comparing the price increases of coffee and tea, the lecture explains how to determine which item is experiencing a larger percentage increase, despite starting from different price points. The purpose of the lecture is to provide practical skills in analyzing and understanding changes in variables over time.