Take a 10-minute guided tour of FRED, the St. Louis Fed's free …
Take a 10-minute guided tour of FRED, the St. Louis Fed's free economic data website. Simple step-by-step activities equip users to find and graph economic data, mastering FRED's look and feel. The guide also shows how to customize, save, and share a FRED graph.
This online activity shows how to use FRED, the Federal Reserve's free …
This online activity shows how to use FRED, the Federal Reserve's free online economic data website, to analyze changes in real gross domestic product (GDP) and GDP makeup over time. Following simple instructions, you will locate spending data for the individual components of real GDP, and then combine them into a highly informative area graph. You will also use FRED's ability to stack data and see how trade—imports and exports—contributes to GDP. The resulting customized graph will let you see how economic output varies from year to year.
As the Rolling Stones song says, "You can't always get what you …
As the Rolling Stones song says, "You can't always get what you want." So we make choices. Every day, governments and individuals choose how much money to spend and what to purchase. The January 2013 issue discusses opportunity costs and scarcity and how they effect our spending decisions.
Grounded in the belief that students need to explore climate change for …
Grounded in the belief that students need to explore climate change for themselves, the high school-level Climate Project course from the OER Project equips students with the knowledge and skills to take action. The course aims to understand the climate crisis by examining facts, impacts, and solutions, fostering civic action, education, and career readiness, and promoting constructive discussion. Through an inquiry-based approach, students interrogate diverse sources, build data and digital literacy skills, and engage with timely materials. Flexible in design, the course can be taught as a comprehensive semester program or through standalone lessons, culminating in projects ranging from climate-focused careers to community civic action.
This is a pathfinder designed for users who are new to …
This is a pathfinder designed for users who are new to Tableau Desktop and Tableau Public. The purpose of this pathfinder is to be a companion resource to the February 25, 2023 presentation Create Accurately and Interactive Dashboards with Tableau. The Tableau Student Ambassador presenters of the workshop were Taiwo Adegite, Junior Analyst; and Zena Patton, Corporate Learning Professional, and Librarian. To learn more about the Tableau Community Leader Ambassador program, go to the following link https://www.tableau.com/community/community-leaders/ambassadors This companion resource is an artifact of a global, collaborative effort between Taiwo Adegite (Nigeria), Junior Analyst; and Zena Patton (United States of America), Corporate Learning Professional, and Librarian.Last update April 15, 2023. This update includes resources from Flip the Tableau! Learning Experience.
This lesson demonstrates how easy it is to create a binary FRED …
This lesson demonstrates how easy it is to create a binary FRED map. Students search for state-level data on average weekly earnings and visualize them in FRED. The goals are for students to customize a map, observe patterns in mapped data, and note differences across geographical areas.
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.
Students learn how to determine the authority of an information source. They …
Students learn how to determine the authority of an information source. They examine different sources of information that all use the same dataset. Students define each source’s type of authority and recognize the context in which the data are being used. They learn to consider the source of authority for various information sources, and understand the ways that information sources with different levels of authority can base their credibility on the same dataset.
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.
Students learn how to analyze a research question by identifying its component …
Students learn how to analyze a research question by identifying its component subtopics through a concept mapping exercise. They watch a short demonstration of the concept mapping process and apply it to the class topic. In small groups, students identify stakeholders related to one of the subtopics identified. They then locate sample reports or datasets created by stakeholders and record their findings on the concept map, ending with a class discussion of their findings.
Students work with data that represent the ages of 24 people to …
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 search for state-level data on personal income per person and visualize them in FRED. The goals are for students to customize a map, observe patterns in mapped data, and note differences across geographical areas.
How is the total value of all the goods and services produced …
How is the total value of all the goods and services produced in a country's economy measured? Gross domestic product (GDP) is one common and fairly comprehensive measure. The May 2013 issue explains GDP components and how GDP is calculated. It also describes what GDP does—and does not—measure.
You may be doing all you can to prepare for the price …
You may be doing all you can to prepare for the price of education after high school, but if your savings, grants, and scholarships aren’t quite enough, do not overlook student loans as a means to gaining the education you need to make the big bucks.
History holds many economic lessons. The Great Depression, in particular, is an …
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.
History holds many economic lessons. The Great Depression, in particular, is an …
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.
Drivers may wonder whether the most recent spike in gasoline prices is …
Drivers may wonder whether the most recent spike in gasoline prices is temporary or will be longer lasting. Will prices eventually decline—maybe even to below $3 per gallon? Or is it time for drivers to alter their driving habits, maybe by buying a hybrid car? Be sure to read the September 2012 issue for a discussion of factors that might influence that decision.
This unique activity features a primary source from the Fed's online archive, …
This unique activity features a primary source from the Fed's online archive, FRASER. 75 Years of American Finance: A Graphic Presentation, 1861-1935, is an 85-foot long detailed timeline compiled in 1936. The activity reviews the document layout and provides historical inquiry questions divided into four sections: observe, reflect, question, and analyze. Students can evaluate any given year(s) of the timeline, and the document may be used to introduce historical inquiry and/or to support study of historical themes, years or eras noted in the timeline.
Historians are experts at assessing and analyzing documents to build a narrative …
Historians are experts at assessing and analyzing documents to build a narrative but may be stymied by numbers. Charts (tables, graphs, maps, diagrams, and so on) provide a graphical view of information and can be a powerful way to display evidence. This toolkit provides a series of resources for students to read, interpret, and think critically about charts in textbooks and historical documents.
GDP is a useful measure of the health of the economy, and …
GDP is a useful measure of the health of the economy, and it’s among the most important and widely reported economic data. However, the current “textbook treatment” of how international trade is measured as part of GDP can lead people to misunderstand the role trade plays in the economy. The September 2018 issue of Page One Economics intends to correct misconceptions and provide clear instruction on how imports affect GDP.
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