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

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 Cycle, Business Cycle, Employment/Unemployment…

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 Payments, Budgeting/Money Managment, Business Cycle…

Video

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 Supply and Demand, Economic Growth, GDP