Collection
Analyzing Federal Reserve Data

How do you assess the health of the economy? In these lessons, students will analyze data in real time by linking to FRED, the Federal Reserve of St. Louis’ website, to answer that question. Each of the first four lessons focuses on a different indicator: Unemployment Data, Employment Data, Gross Domestic Product (GDP), and Inflation. These lessons can be taught independently and in any order. The last lesson, Economic Policy Options, builds on the earlier lessons and is best taught at the end of the series.

Lesson

Grades 9-12

Economic Data Lesson: Economic Policy Options

This is the final lesson in a series of lessons that introduces students to the economic data that economists use...
Key Concepts: Balance of Trade and Balance of Payments, Business Cycles, Economic Institutions…
Lesson

Grades 9-12

Unemployment Data: Is the Economy Healthy?

In this economics lesson, students will learn about economic data and what they communicate about the health of the economy.
Key Concepts: Business Cycles, Employment and Unemployment
Lesson

Grades 9-12

FRED and the Federal Budget Interactive Lesson

Students will use a Federal Reserve Economic Data (FRED) data dashboard to calculate budget deficits, surpluses, how much federal budgets...
Key Concepts: Balance of Trade and Balance of Payments, Budget Deficit, Budget Surplus…
Lesson

Grades 9-12

Employment Data: Is the Economy Healthy?

This series of lessons will introduce you to economic data that economists use to assess the health of the economy....
Key Concepts: Business Cycles, Employment and Unemployment
Lesson

Grades 9-12

GDP Data: Is the Economy Healthy?

This series of lessons will introduce you to economic data that economists use to assess the health of the economy....
Key Concepts: Business Cycles, Fiscal Policy, GDP
Lesson

Video

Grades 6-8, 9-12

Gross Domestic Product Video and Quiz

In this economics video, students will learn about Gross Domestic Product (GDP) and play a Kahoot! game.
Key Concepts: Aggregate Demand, Aggregate Supply, GDP
10 mins
Video

Grades 9-12

Employment and Unemployment Video and Quiz

This video teaches the concepts of Employment and Unemployment. Employment refers to people who have jobs while unemployment refers to...
Key Concepts: Aggregate Demand, Aggregate Supply, Division of Labor/Specialization…
Video