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Lesson Plan
Econoclass

Econoclass: The Economics of the Wizard of Oz

For Teachers 9th - 10th
This activity analyzes "The Wizard Of Oz" while studying the topics of inflation and government regulations.
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Primary
Other

President Gerald Ford's Special Message to Congress

For Students 9th - 10th
Learn about the working relationship between the legislative and executive branches of government through Ford's address to Congress in 1976 addressing the need for improvements to programs for the elderly.
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Primary
The Federal Reserve System

Federal Reserve Board: The Economic Outlook and Challenges for Monetary Policy

For Students 9th - 10th
A speech given in 1997 which evaluated the economic outlook using the non-accelerating inflation rate of unemployment, or NAIRU, and outlined challenges for monetary policy. (January 16, 1997)
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Activity
Curated OER

Virtual Economy: Inflation Explanation

For Students 9th - 10th
Defines inflation as well as the retail price index. This site also provides a graph of the RPI from 1979-1997. With links to inflation worksheets.
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Activity
Tutor2u

Tutor2u: Inflation

For Students 9th - 10th
A definition, examples, and causes for demand pull-inflation.
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Lesson Plan
Illustrative Mathematics

Illustrative Mathematics: 7.rp the Price of Bread

For Teachers 6th - 8th
The purpose of this task is for students to calculate the percent increase and relative cost in a real-world context. This task is part of a set collaboratively developed with Money as You Learn, an initiative of the President's Advisory...
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Activity
Other

Fed101: Monetary Policy Fa Qs

For Students 9th - 10th
A collection of FAQs on monetary policy answers questions such as: "What is monetary policy?", "What are the goals of monetary policy?", "What are the tools of monetary policy?", and many more questions related to monetary policy and the...
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Website
Independence Hall Association

U.s. History: The Southern Homefront

For Students 5th - 8th
Life in the Confederacy during the Civil War was one of shortages. Read about the shortages of food, and the unstable currency which resulted in rampant inflation. Women's roles expanded in many fields. See what occurred when the draft...
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Website
Independence Hall Association

U.s. History: The Northern Homefront

For Students 5th - 8th
The military-industrial complex thrived in the North during the Civil War, but read about how inflation affected the ordinary worker. See how the role of women expanded to fill in for men who were away fighting. Women also had an impact...
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Unit Plan
Mangahigh

Mangahigh: Number: Money Management

For Students 6th - 9th
This site provides students practice with the concept of money management, such as tax and inflation. Students can learn about the topic by completing an interactive tutorial. Students can then take a ten question timed test to practice...
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Article
Federal Reserve Bank

Federal Reserve Bank of Minneapolis: There's No Such Thing as a Good Recession

For Students 9th - 10th
This article from the Federal Reserve Bank of Minneapolis discusses how a recession effects the economy. It goes into great detail on why a recession can never be a good thing. (Published Sept. 1, 1989)
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Website
Other

Federal Reserve Bank of Kansas City: The Federal Reserve System

For Students 9th - 10th
The site maintained by the Federal Reserve District explains monetary policy, and supervisory and regulatory role of the U.S. Federal Reserve System.
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Website
Other

Federal Reserve Bank of Cleveland: Inflation Central

For Students 9th - 10th
Students track inflation in the United States and across the world. The resource consists of articles on economic trends, economic commentary, charts, and graphs.
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Primary
Federal Reserve Bank

Federal Reserve Bank: Inflation of the 1970s

For Students 9th - 10th
This U.S. Fed white paper defines the reasons for this decade of high inflation.
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Handout
Other

Reference for Business: Implicit Price Deflator

For Students 9th - 10th
A description of inflation, deflation, the consumer price index, and the implicit price deflator.
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Handout
Duke University

Ad* Access: Brief History of Ww Ii Advertising Campaigns

For Students 9th - 10th
This site from Duke University tells of the massive advertising campaign that the United States launched to help finance the war.
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Lesson Plan
Council for Economic Education

Econ Ed Link: When Gas Was a Quarter!

For Teachers 3rd - 5th
Why do things cost so much more now than they used to? Learners will find out about inflation in the United States.
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Lesson Plan
Council for Economic Education

Econ Ed Link: "Should You Learn to Fly?"

For Teachers 9th - 10th
Students will define opportunity cost as they list various career choices and salaries, and calculate future value of money.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Avatar, King of the Box Office?

For Teachers 9th - 10th
On January 26, 2010, the film Avatar officially topped Titanic as the top-grossing film of all-time at the box office. However, the following day, Forbes.com published an article entitled Is Avatar Really King of the Box Office? The...
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Lesson Plan
Council for Economic Education

Econ Ed Link: What Causes Inflation?

For Teachers 9th - 10th
This lesson plan explores different types of inflation and terms associated with this economic concept. You may have heard relatives talk about the good old days when a dollar would buy something. What happened to that dollar? Why won't...
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Lesson Plan
Council for Economic Education

Econ Ed Link: How Is Our Economy Doing?

For Teachers 9th - 10th
Students learn the meaning and measurement of six important economic indicators and use the St. Louis Federal Reserve Bank National Economic Trends website to assess the current state of the economy.
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Lesson Plan
Council for Economic Education

Econ Ed Link: Cpi the Crystal Ball

For Teachers 9th - 10th
Governments and other financial organizations are constantly measuring trends in the economy to try to predict what will happen next. The ability to successfully predict economic trends has a profound effect on whether or not a business...
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Lesson Plan
Council for Economic Education

Econ Ed Link: Multipliers and the Mystery of the Magic Money

For Teachers 9th - 10th
Young scholars learn about the purpose of the reserve requirement, how money is "created" in the economy through fractional reserves, and how the Federal Reserve uses the reserve requirement and loans to correct economic instability.
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Lesson Plan
Council for Economic Education

Econ Ed Link: What Does a Dollar Really Buy?

For Teachers 9th - 10th
Students will describe the purpose of a price index, and how it is calculated. Then students will describe the weaknesses of the CPI, and interpret CPI data as a measure of economic health. Finally, students will identify who is harmed...