Kenan Fellows
Installing and Working with R Statistical Software
Save download time—install software now in preparation for future lessons. The R statistical software is a free program used by the Federal Reserve Bank and many companies. Bring the power of the software to your classroom to use in the...
Federal Reserve Bank
The Fed's Role in Making and Setting Monetary Policy: Part 2
How does the Federal Open Market Committee work to formulate the nation's monetary policy in the United States? As the second segment of a lesson on the role of the Fed in setting monetary policy, class members will learn about open...
Curated OER
A Basket of Bangles: How a Business Begins
Students consider concepts of banking introduced in the story, "Basket of Bangles." In this banking instructional activity, students identify key terms through recall questions interspersed in the story. Using five handouts and a game,...
Curated OER
Should the United States Have a Central Bank?
Students assess the validity of a national bank. They study the importance of McCullough v. Maryland. They review the arguments of Hamilton and Jefferson. They analyze the Tenth Amendment and the debate over state v. federal power. They ...
Curated OER
Opening your first bank account
High schoolers investigate opening a bank account. In this secondary Consumer Mathematics activity, students read A Guide to Your First Bank Account and take a short quiz on the information.
Federal Reserve Bank
Worth!
Before loaning a friend money, what factors would you consider and why would you lend it? Your young economists will face questions like these in a lesson on banking, profit, risk, and reward, which includes the reading of the book...
Federal Reserve Bank
The Fed Is Protecting Your Money
A dollar bill, a check, a credit card, and... a cow? What exactly are the various forms of payment that exist today? Your learners will identify the three functions of money in this lesson. In addition, they will discover the most common...
Curated OER
The Bank of Good Habits
Students explore investing and saving. In this investing lesson, students identify their own financial goals and hurdles to success, calculate interest, and simulate banking and investing transactions. Incentive certificates, a quiz, and...
Federal Reserve Bank
It's Your Paycheck
Beyond reading and arithmetic, one of the most important skills for graduating seniors to have is fiscal literacy and responsibility. Start them on the right financial track with nine lessons that focus on a variety of important personal...
Curated OER
Charge Cards!
Students identify and define the various types of credit cards and credit card offers. For this credit cards lesson, students identify the pros and cons of managing a credit card account. Students locate information on the Federal...
Curated OER
Saving Strawberry Farm
Students explore U.S. History by analyzing the Great Depression. In this economic instability lesson, students read fictitious accounts of a farm dealing with the loss of a Strawberry Farm and discuss the reasons behind the loss....
Curated OER
Lending Discrimination and the Community Reinvestment Act
Write about economic and banking issues of concern to the public. Investigate lending discrimination and the impact of the 1977 Community Reinvestment Act. Use a guide to do research and write an essay.
Federal Reserve Bank
“W” Is for Wages, W-4 and W-2
Don't let your young adults get lost in the alphabet soup of their paychecks and federal income taxes. Using sample pay stubs and reproductions of government forms, your class members will identify the purpose of such forms as a W-4 and...
PBS
What Is Money?
Early learners participate in a bartering activity during which they make connections to money and consumer concepts. They simulate buying and selling situations with one another then visit an exhibit at the Federal Reserve Bank of...
Curated OER
Inflation and Money
Students define money in terms of its functions and refer back to discussion of markets and the role of money in reducing transaction costs. They give examples of types of money.
Federal Reserve Bank
What Really Caused the Great Depression?
Falling wages. Rising unemployment. Falling prices. Sound familiar? Young economists look at the role the US banking system had in causing the Great Depression.
ProCon
Minimum Wage
The first ever minimum wage in America was set at 25 cents per hour in 1938 and has been steadily, if slowly, increasing ever since. Using the provided website, pupils decide if the United States should further increase the federal...
Curated OER
Payment Parliament
Students investigate how the economy works by role playing in their class. In this money management instructional activity, students read parts from a script for use in a role playing instructional activity simulating the Federal...
Federal Reserve Bank
Creditors’ Criteria and Borrowers’ Rights and Responsibilities
Discover what criteria creditors use for making loans (the 3 Cs of Credit), and impress upon your young adults the rights and responsibilities related to using credit. Pupils role play as individuals seeking or providing credit, as well...
Curated OER
Monetary Policy
Young scholars develop an understanding of monetary policy. In this monetary policy lesson, students define economic indicators and specify the economic conditions they reflect. Young scholars explain the three functions of the system...
Federal Reserve Bank
Bunny Money
Teach your class about saving, spending, and goal setting with a story about a couple of bunnies who went shopping and related activities. Learners keep track of the bunnies' spending, practice identifying long- and short-term savings...
Federal Reserve Bank
Less Than Zero
Perry the penguin wants to buy a new scooter, but he doesn't have any funds! Walk your kids through the short book Less Than Zero, and have them track his borrowing, spending, and saving on a line graph while you read. Pupils will learn...
Federal Reserve Bank
The Case of the Shrunken Allowance
An allowance is an important thing! Make sure your kids know how to save and spend their own money. Using the book The Case of the Shrunken Allowance as a starting point, this plan covers income, spending and saving, counting, and more.
Curated OER
The Fed's Role in Making & Setting Monetary Policy
Students study inflation and its relationship to money and pricing. In groups, students examine how investment decisions have changed since the 1970's. After looking at a designated website, students discover the reason for printing...