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  • Economic Lowdown Lessons
FRED Interactive: Data Citations
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The five key elements of a data citation are author, title, distributor, date, and persistent identifier. In this interactive lesson, students learn about creating good data citations.

Subject:
Economics
Social Science
Material Type:
Full Course
Lecture
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
The FYE 105: Financial Literacy Curriculum Unit
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The FYE 105: Financial Literacy Curriculum Unit was developed for use in a First-Year Experience course to provide students with an understanding of: the relationship between human capital development and potential income and the chances of staying employed; budgeting; credit cards; and credit rights and responsibilities. The curriculum was implemented in an urban community college FYE course and was successful. We provide the curriculum for others who may wish to use it in a similar course.

Subject:
Economics
Social Science
Material Type:
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
Fiscal Policy Online Course for Teachers and Students
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Inflation, unemployment, recession, economic growth—these economic concepts affect people in very real ways. In two thought-provoking, interactive lessons, this course teaches students about fiscal policy, the avenue by which Congress and the president attempt to influence the economy. Graphs compliments of FRED.

Subject:
Economics
Social Science
Material Type:
Full Course
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
Four Feet, Two Sandals
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This lesson requires two class periods. In the first class period, students are asked to think of a way to decide who gets 100 pennies and how many each person gets. They learn about the concept of allocation and about different resource allocation methods. They evaluate the different methods using a graphic organizer. Next they listen to different scenarios and try to determine which allocation method was used. Then, after listening to the story Four Feet, Two Sandals about two girls who face some resource allocation issues, they identify the methods used in the story. In the second class period, the students are placed into groups to act out skits illustrating a resource allocation method that their classmates then try to guess. Finally, they read a news article about a resource and write letters to a city council outlining the ways the city could allocate the resource.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Erin A. Yetter
Date Added:
06/14/2023
Fractile vs. Equal
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Students work with data that represent the ages of 24 people to learn the difference between categorizing data in fractile intervals and equal intervals. Students discuss dividing bonus points among class members to understand what per capita means. Then students look at per capita personal income by state using the GeoFRED mapping tool. They compare per capita personal income displayed with data in equal intervals and with data in fractile intervals.

Subject:
Economics
Mathematics
Measurement and Data
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
04/08/2023
The Free Silver Movement and Inflation
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Students learn that money is a medium of exchange that facilitates economic activity. Next, students learn the relationship between the money supply and inflation by participating in an inflation auction using gold and silver notes to better understand the historic debate of the Free Silver Movement. Students then read William Jennings Bryan's "Cross of Gold" speech to relate the historical context. The students use historical data to calculate income, fixed expenses, and variable expenses of a farmer to further understand the historical argument presented by the Free Silver Movement. Finally, students analyze two political cartoons against the Free Silver Movement. This lesson includes primary source documents obtained from FRASER¨.

Subject:
Economics
History
Social Science
U.S. History
Material Type:
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Scott A. Wolla
Date Added:
06/14/2023
GDP and Pizza: Economics for Life Online Course for Teachers and Students
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GDP and Pizza: Economics for Life is designed to help students in civics, economics and other social studies classes grasp challenging economic content – and to explain why these topics are important for citizens to understand.

Subject:
Economics
Social Science
Material Type:
Full Course
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
04/05/2023
Give Ell Credit Online Course for Teachers and Students
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Using some form of credit is a necessity for most adults. Unfortunately, some misuse credit, and the consequences can be devastating. The earlier young people learn about credit, the more likely they are to use it responsibly as adults. In this short course from our Ella’s Adventures series, your students will learn what credit is, why people use credit, and how interest can affect the final cost of a good or service when bought on credit.

Subject:
Economics
Social Science
Material Type:
Full Course
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
Glo Goes Shopping
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Students listen to the story, Glo Goes Shopping. They learn about saving, spending, decision making and opportunity cost. They learn to use a decision-making grid to make decisions. Mathematics skills include learning about rows and columns in a grid.

Subject:
Business and Communication
Economics
English Language Arts
Finance
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Mary C. Suiter
Date Added:
06/14/2023
The Goat in the Rug
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Students listen to the book The Goat in the Rug, about a Navajo weaver who uses a number of resources and intermediate goods to make a traditional Navajo rug. The students are placed in groups to learn about productive resources and intermediate goods. They play a matching game and make posters to classify the natural resources, human resources, capital resources and intermediate goods used in the story.

Subject:
Economics
English Language Arts
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Andrew T. Hill
Date Added:
06/14/2023
Government Budgets Online Course for Teachers and Students
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In this course, your students will play the role of a freshman lawmaker in the U.S. House of Representatives trying to serve his or her constituents' goals and the long-term goals of the United States. Along the way, they'll learn about the federal budget process and how federal government initiatives and programs are funded.

Subject:
Economics
Social Science
Material Type:
Full Course
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
Government Spending and Taxes
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Students engage in an activity that matches programs for low-income people with the type of economic inequity the program addresses and observe an activity simulating tax payments and transfers.

Subject:
Economics
Social Science
Material Type:
Activity/Lab
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Barbara Flowers
Date Added:
06/14/2023
Great Depression Crossword
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Learn about the Great Depression using a crossword puzzle and word search. You can play online or print the activities. Also included are printable teacher's guides.

Subject:
Economics
History
Social Science
U.S. History
Material Type:
Activity/Lab
Game
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
The Great Depression Curriculum Unit
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History holds many economic lessons. The Great Depression, in particular, is an event that provides the opportunity to teach and learn a great deal about economics-whether you're studying the economic reasons that the Depression took place, the factors that helped it come to an end or the impact on Americans who lived through it. This curriculum is designed to provide teachers with economic lessons that they can share with their students to help them understand this significant experience in U.S. history.

Subject:
Economics
History
Social Science
U.S. History
Material Type:
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
Great Depression Online Course for Teachers and Students
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History holds many economic lessons. The Great Depression, in particular, is an event that provides the opportunity to teach and learn a great deal about economics-whether you're studying the economic reasons that the Depression took place, the factors that helped it come to an end or the impact on Americans who lived through it. This curriculum is designed to provide teachers with economic lessons that they can share with their students to help them understand this significant experience in U.S. history.

Subject:
Economics
History
Social Science
U.S. History
Material Type:
Full Course
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
Great Depression Word Search
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Learn about the Great Depression using a crossword puzzle and word search. You can play online or print the activities. Also included are printable teacher's guides.

Subject:
Economics
History
Social Science
U.S. History
Material Type:
Activity/Lab
Game
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
The Great Inflation Online Course for Teachers and Students
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In this course, superhero Jack of All Trades and his sidekick Andy are confronted by a villain that threatens to disrupt society and rob the world of the certainty people have come to expect. And this dastardly villain is...Inflation. Jack and Andy time travel to the period known as The Great Inflation to discover the truth about inflation. With the help of Dr. Equilibrium, professor of economics, they learn that inflation is the result of too much money chasing too few goods and that the Federal Reserve System plays a key role in maintaining stable prices.

Subject:
Economics
History
Social Science
U.S. History
Material Type:
Full Course
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Date Added:
06/14/2023
Hamilton's National Bank
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In this lesson, students participate in two rounds of a role play to help them understand the role of banks in facilitating economic growth through loans. Round 1 is conducted without a bank. After the first round, students read excerpts from Secretary of the Treasury Alexander Hamilton’s 1790 report to Congress in which he proposes a national bank because the United States had few banks at the time. Students then conduct Round 2 of the role play with a bank. After the round, students read excerpts from and summaries of the statute creating a national bank, Thomas Jefferson’s opposition, and Hamilton’s rebuttal.

Subject:
Economics
History
Social Science
U.S. History
Material Type:
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Eva Johnston
Date Added:
06/14/2023
The Have a Good Day Cafe
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In this lesson, students learn how businesses use advertising to influence the choices consumers make. Using magazines, students see that advertisements use a combination of facts and opinions to influence tastes and preferences. Students also listen to a story about a Korean-American family that owns a food cart. They learn how the business changes as a result of competition and how business owners can influence consumers’ tastes and preferences. Working in groups, students create print advertisements for the food cart in the book to see firsthand how advertisements can influence consumers’ choices through tastes and preferences.

Subject:
Economics
Social Science
Material Type:
Lesson
Lesson Plan
Reading
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Rebecca Chambers
Date Added:
06/14/2023
Herd Immunity and Positive Externalities
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In this lesson, students participate in a simulation using the idea of herd immunization to investigate the concept of positive externalities related to market failure and the role of government. The lesson also introduces the concept of negative externalities.

Subject:
Economics
Social Science
Material Type:
Lesson
Lesson Plan
Provider:
Federal Reserve Bank of St. Louis
Provider Set:
Economic Lowdown Lessons
Author:
Jennifer Tontodonati
John Tibbetts
Date Added:
06/14/2023