America is a nation of immigrants, who currently make up about 13 …
America is a nation of immigrants, who currently make up about 13 percent of the overall population. The May 2014 issue shows how immigration affects the average American. The essay weighs the costs and benefits of immigration and discusses the concept of immigrant workers as substitutes for and complements to native-born workers.
The Economics of Infrastructure is the first video in the Explore Economics …
The Economics of Infrastructure is the first video in the Explore Economics animated series. It shows how infrastructure such as roads, bridges, railroad lines, water mains, sewer pipes, and power lines support the operation of an economy.
People are passionate about professional sports—they give people pride and a sense …
People are passionate about professional sports—they give people pride and a sense of community. And they create economic benefits for the community. But should tax dollars be used to subsidize sports stadiums? The May 2017 issue of Page One Economics describes some pros and cons.
“The Economics of Transportation” is the second video in the Explore Economics …
“The Economics of Transportation” is the second video in the Explore Economics animated series. It shows how changes in technology changed the way and speed with which people move goods.
This online activity demonstrates how simple it is to use key tools …
This online activity demonstrates how simple it is to use key tools in GeoFRED to focus on regional economic growth and development. The activity examines U.S. unemployment data at the county level to explore how employment was affected by the energy boom around the time of the Great Recession.
No surprise—people with more education often earn higher incomes and are unemployed …
No surprise—people with more education often earn higher incomes and are unemployed less than those with less education. Those with higher incomes also tend to accumulate more wealth. Why? Research shows that well-educated people tend to make financial decisions that help build wealth. Their strategies, though, can be used by anyone.
How elastic are rubber bands? There's more than one way to answer …
How elastic are rubber bands? There's more than one way to answer this question. The word "elasticity" is commonly used to describe things that have a stretchy quality to them. You might try to answer the question by stretching a rubber band across your finger and shooting it across the room. To an economist, however, elasticity can have a whole other meaning. Learn more in this episode of The Economic Lowdown.
Young children are not likely to think past their piggy banks when …
Young children are not likely to think past their piggy banks when it comes to safe places to set money aside for those special items. In this short e-book from our Ella's Adventures series, they'll learn that a bank account offers security and a return on savings.
Young children are not likely to think past their piggy banks when …
Young children are not likely to think past their piggy banks when it comes to safe places to set money aside for those special items. In this short course from our Ella's Adventures series, your students will learn that a bank account offers security and a return on their savings.
This is a 5 minute video that will explain the how the …
This is a 5 minute video that will explain the how the Laws of Demand and Supply will interact to form equilibrium point on a graph. This video will meet the standard EPF.3 (b)
Teachers may find accompanying handouts for this video and others that are part of this series at https://www.econlowdown.org/
Students learn that economic forces have an impact beyond the financial world. …
Students learn that economic forces have an impact beyond the financial world. First, they learn that Progressive Era public health reforms inspired a commercial response to the growing demand for sanitation through the rapid increase in bathroom-fixture production. Students then use FRED, economic data from Federal Reserve Bank of St. Louis, to analyze how bathroom-fixture production changed throughout the 1920s. They examine primary documents—1920s advertising—to see how companies fused the Progressive Era with the new consumer culture. Finally, students complete the lesson by responding to AP U.S. History-style short-answer questions.
The lump of labor fallacy holds that there is a fixed amount …
The lump of labor fallacy holds that there is a fixed amount of work to be done, which determines the number of jobs in an economy. If this were true, new jobs could not be generated, just reallocated. This essay provides some clear thinking about the role of labor in an economy.
In this video (6 minutes long) students will learn about how externalities …
In this video (6 minutes long) students will learn about how externalities can affect supply, demand and ultimately equilibrium. This video will aid in review of standard EFP. 3 since students will see how a supply and demand graph can shift as a result of costs / benefits of externalities.
Ever feel as if you are paying the price for someone else's …
Ever feel as if you are paying the price for someone else's "deal"? Perhaps you are choking on the pollution from a foundry where cheap widgets are made. That spillover effect is called an externality. There are positive ones, too.
The five key elements of a data citation are author, title, distributor, …
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.
The FYE 105: Financial Literacy Curriculum Unit was developed for use in …
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.
Oil prices affect the U.S. economy in many ways. For example, fluctuations …
Oil prices affect the U.S. economy in many ways. For example, fluctuations in the price of oil can influence inflation, unemployment, and disposable income. Some local economies with close ties to the oil industry, however, are affected even more directly in both positive and negative ways. The May 2015 issue covers one recent example of the local impact of oil prices.
Payday loans are convenient and provide FAST cash to cover emergency situations …
Payday loans are convenient and provide FAST cash to cover emergency situations or help pay a borrower’s expenses from one paycheck to the next. But the fee-based structure of payday lending is quite different from a traditional loan, and laws vary among the states. The April 2019 edition of Page One Economics®: Focus on Finance takes a look at the structure and fees that make these loans costly.
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