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Federal Reserve Education will host a virtual learning experience for educators nationwide focused on the current economy and the steps involved in conducting monetary policy.
Imagine it’s 1964. A hamburger is 15 cents, a new Mustang is $2,320, and gas to fill the tank is 27 cents a gallon. Prices have risen quite a lot since then. In the ninth episode of the Economic Lowdown Video Series, economic education specialist Scott Wolla explains what inflation is, what causes it, how it is measured, and the Federal Reserve’s goal for the inflation rate.
This infographic highlights the goal of price stability and provides visual clues for price level measures and terminology.
Read commentary on economic topics including monetary policy, macroeconomic developments, financial issues and SE regional trends.
This animated video explores the role of the 12 regional Reserve Banks in the Federal Reserve System.
This brief video defines inflation and the price level and explains the difference between inflation and cost-of-living price increases.
Watch this animated video to learn all about the role of the Federal Reserve as the U.S. central bank.
This lesson presents a history of Federal Reserve events and milestones from 1907 to 1935. Defining events are highlighted by a readers' theater to help students better understand the time period. After each readers' theater scene, students write key information in a Centennial Journal to track the events and their historical impact. Students then complete a handout requiring them to explain the Federal Reserve's role in the key events during this period and how the Federal Reserve has changed over time. Student learning is assessed by their completion of an essay on the Federal Reserve System's ability to promote stable prices and economic growth over time.
Have you ever heard someone say “Back in my day, a gallon of gas cost a quarter!” Comparing today’s prices with prices “back in the day” can be misleading. Both inflation and deflation between then and now have to be taken into account. Read the August 2013 Page One Economics Newsletter to learn more about the effects of inflation on prices.
They say that “money makes the world go round.” Just imagine a world without money as our method of payment for everyday transactions. Without money, we would all need to barter for necessary goods and services. For example, suppose an accountant needs to have her car fixed. Under a barter system, she would have to find someone who needed some tax advice in exchange for car repairs. The search to find a barter partner is time consuming and wasteful. Money solves this problem and many others. Read more about the three main functions of money and the damaging effects of too much inflation on these functions in the March 2013 Page One Economics Newsletter.