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Eight times per year, the Federal Reserve issues the Beige Book publication, a snapshot of business conditions in each of the Fed’s 12 regional Reserve Bank Districts. Students will collect economic information to write their own report.

In this lesson, students view a film segment from The Federal Reserve and You that introduces the Federal Reserve. Using an anticipation/reaction guide, students learn what the Fed is, what it does, and what its impact on the economy is.

The Federal Reserve, “the Fed,” is the central bank of the United States. One of its important functions is to promote a strong U.S. economy.

Read about the Federal Reserve’s structure and key responsibilities as the citizens on Planet Novus work to develop their own central bank.

This data primer describes standards for gathering, analyzing, storing, and distributing data for new data users and serves as a reference for advanced data users.

The money multiplier has been a standard concept in introductory economics classes for decades, but changes in the way the Fed implements monetary policy has made the model obsolete.

The Federal Reserve uses its monetary policy tools to achieve its Congressional mandate—maximum employment and price stability.

The Federal Reserve (Fed) is the central bank of the United States. Its congressionally mandated objectives are to promote maximum employment and price stability. This lesson focuses on how the Federal Open Market Committee (FOMC) conducts monetary policy to achieve this dual mandate.

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.

This Summer 2021 issue of Page One Economics describes how to think about stable prices, how inflation has evolved in recent years.