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In this lesson, students will examine the Federal Reserve Act of 1913 and the establishment of the unique structure and functions of the Federal Reserve System.

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 that economic forces have an impact beyond the financial world.

Tightening of lending standards can account for part of the negative loan growth during the 2007-09 recession.

This episode of The Economic Lowdown podcast series describes how the economy moves through phases of the business cycle, and the role the Federal Reserve System plays in smoothing some of the ride's bumps.

This animated video explores the labor force, the unemployment rate and other key labor market indicators.

Inflation, unemployment, recession, economic growth—these economic concepts affect people in very real ways. In two thought-provoking, interactive lessons, this course teaches students about fiscal policy, the avenue by which Congress and the president attempt to influence the economy.

How are the money supply and inflation related? And what does the Federal Reserve have to do with this relationship? This video reviews the functions of money, features an interactive auction that demonstrates the relationship between the money supply and inflation, then utilizes a simple equation to show how changes in the money supply affect the economy. The video also describes how the Fed uses monetary policy to achieve its dual mandate of maximum employment and price stability.

Teaching Tips provide ways to integrate current issues and Federal Reserve research into the classroom through informational text, discussion questions and extension activities. This issue examines when an economy officially enters a recessionary period.

Teaching Tips provide ways to integrate current issues and Federal Reserve research into the classroom through informational text, discussion questions and extension activities. This issue focuses on the factors that contribute to the inflation of retail food prices.