Price Stability
Learn about price stability and how it is measured.
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Lessons & Activities
46-60 min
Removing the "Punch Bowl": Inflation and the Federal Reserve's Use of Contractionary Monetary Policy
OVERVIEW
This lesson focuses on contractionary monetary policy by analyzing a 1955 primary source speech of Federal Reserve Chair William McChesney Martin Jr. Students develop critical thinking skills through this primary document analysis and develop data literacy skills through FRED® graph analysis.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Why Does the Fed Care about Inflation?
Explain what happens when inflation gets out of control.
MODULES
31-45 MIN
The Fed's New Monetary Policy Tools
Explore the new monetary policy tools of the Fed.
READING Q&A
16-30 MIN
Minding the Output Gap: What Is Potential GDP and Why Does It Matter?
This issue of Page One Economics® explains how the output gap is useful for checking the health of the economy.
LESSONS & ACTIVITIES
31-45 MIN
Fiscal vs Monetary Policy
Learn about fiscal and monetary policy.
CURRICULUM UNITS
Teaching the New Tools of Monetary Policy
Resources for teaching the Fed's monetary policy tools in an ample-reserves framework.
