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The COVID-19 pandemic induced an economic recession that started in February 2020 and ended in April 2020.

Aggregate demand, short-run aggregate supply, and long-run aggregate supply come together on one of the most notable models in macroeconomics. This module will teach students how positive and negative demand shocks cause changes in real gross domestic product, price level, and unemployment in an economy.

Aggregate demand, short-run aggregate supply, and long-run aggregate supply come together in one of the most notable models in macroeconomics.

Potential output is an estimate of what the economy could produce. Actual output is what the economy does produce. If actual is below potential a negative output gap there is “slack” in the economy.

PR’s Planet Money is a podcast about the economy for people who think they aren’t interested in economics. Over 10 years and more than 1,000 episodes, the podcast has drawn millions of regular listeners through humor, storytelling and an accessible style.

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.

Changes in gross domestic product (GDP) represent increases or decreases in the production of goods and services and are the headline indicator of overall economic conditions. In this interactive lesson, students learn to visualize the growth rate of GDP and use a FRED graph to play the FREDcast forecasting game.

Los datos del Producto Interno Bruto (PIB) se encuentran entre los datos económicos más importantes disponibles para medir el crecimiento económico, pero medir la producción de una economía grande y dinámica es una tarea compleja.

In this interactive lesson, students learn to use several FRED features that are key for understanding and visualizing data: formatting graphs and customizing the data units.

The economic recession that started in December 2007 and ended in June 2009 is sometimes called the “Great Recession.” In this interactive lesson, students learn to use several FRED features that are key for understanding and visualizing data: formatting data units and customizing the graph. This helps us see why the 2007-2009 recession received that moniker.