When times are bad, can the government step in and help the economy bounce back? Scholars research the role of The Federal Reserve System (FED) in assisting the economy with interest rate changes as well as influencing spending by consumers. They listen to a short podcast to stimulates thought regarding the role the FED plays in balancing a healthy economy with the freedom of a capitalistic system.

Concepts

monetary policy, the federal reserve system, economics

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Additional Tags

social studies

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Instructional Ideas

• Extend the lesson with research on the Federal Reserve System
• Invite a local banker to discuss the impact the FED can have on monetary policy

Classroom Considerations

• Double check that students have online access at home if assigning the podcast as homework
• Podcast is the 20th of a 21-part Economic Lowdown series
  

Pros

• Resource provides both the podcast and video for differentiated instruction
• Teacher materials on Econ Lowdown include questions to ask after listening to the podcast

Cons

• None

Common Core

RH.6-8.1 RH.6-8.2 RH.6-8.3 RH.9-10.1 RH.9-10.2 RH.9-10.3 RH.11-12.1 RH.11-12.2 RH.11-12.3