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- Monetary Policy
Monetary Policy Teacher Resources
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Students read excerpts from a Washington Post article about a reduction in short term interest rates in 1998. They identify sections in it dealing with monetary policy. In another article, they compare the federal funds rate with other interest rates and create a graph illustrating what would happen to aggregate output if aggregate demand is restrained.
Students discover how money is created through fractional reserves and how the Federal Reserve corrects economic inflation or recession. They examine the principle of "magic money" which relates to the way banks lend money and hold percentages in reserve. Students use a formula to answer questions about correcting inflation or recession.
Students examine the Gross Domestic Product of past decades. After reading a case study, they identify the factors that make the GDP rise or fall. They review data on past recessions and how to reduce their frequency. They answer questions and discuss their answers to end the lesson.
Here is a great tool to help you introduce basic economics to your upper graders. You'll find four separate activities that work alongside each of the defined terms and concepts. Each activity helps learners better understand basic economic principles through application. Wants and needs, circular flow, opportunity costs, production, labor, and scarcity are all covered.
Budding economists use hard data to analyze the current changes in the CPI. They identify factors that change inflation rates, such as policy and economic conditions. They also describe the impact inflation/deflation has on various consumer groups in the US economic system. A very thorough and comprehensive lesson.
From Mr. Merdle to Mr. Madoff? A viewing of the PBS adaptation of Charles Dickens’ “Little Dorrit” launches an examination of greedy characters in literature and a study of greed, unfairness, and economic hardship today. The richly detailed resource includes extension activities, interdisciplinary connections, and a list of related links. A great way to connect literature to current events!
This is a solid introduction to the European Union and the debt crisis of the late 2000s through 2012. Class members watch a PowerPoint, take notes, read passages, answer questions, and work in groups to write a fable that illustrates a lesson about the financial crisis. This resource provides excellent handouts, with clear instructions for the fable as well as a rubric.
Focus on the third quarter estimate of the US real GDP. Kids will determine current GDP growth, identify the GDP, discuss the relationship between the GDP and various economic indicators, and predict future economic conditions. Vocabulary, background information, charts, and web links are all included.
Learners use the CPI-U index to determine how inflation changes have affected consumerism, labor, and the urban landscape. Young economists take a critical look at some hard-hitting data to explore the similarities in inflation rates related to the CPI from the past few years.
Emergent economists take a critical look at some hard-hitting data. They use real data to explore the similarities in inflation rates related to the CPI from 2011 and The Great Depression. They discuss the changes in inflation and the impact it has on consumer purchasing trends.
Explore Japanese society and national identity. Class members share ideas about the Japanese economy and then investigate a series of resources, including an article, a film, a lecture, and a poem, to learn about Japan's Bubble Economy and the Lost Decade. Wrap up the instructional activity with a discussion about social, economic, and international consquences.
The CPI or Consumer Price Index is one tool used to identify changes in inflation rates. Kids examine other ways economists determine inflation changes as they review economic data. They analyze the data, then describe the impact economic fluctuations have on various US populations.