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Lesson Plan
Council for Economic Education

Econ Ed Link: Phillips Curve

For Teachers 9th - 10th
This lesson explores the relationship of unemployment to inflation in the 1960s and after. Young scholars will discover the short-run trade-off between inflation and unemployment when unemployment is less than its natural rate. Students...
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Lesson Plan
Econoclass

Econoclass: Spending and Output Strings

For Teachers 9th - 10th
In this classroom activity, "output" cards and "spending" cards are placed on a string. As each increase or decrease, the economy faces more unemployment or inflation. A good visual device to study the relationships among output,...
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Unit Plan
Khan Academy

Khan Academy: The Phillips Curve in the Keynesian Perspective

For Students 9th - 10th
Read about how we can use the Keynesian perspective to think about the common tradeoff between low inflation and low unemployment.
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eBook
Texas Education Agency

Texas Gateway: Ch. 12: The Policy Implications of the Neoclassical Perspective

For Students 9th - 10th
By the end of this section, you will be able to do the following: Discuss why and how inflation expectations are measured, Analyze the impacts of fiscal policy and monetary policy on aggregate supply and aggregate demand. Explain the...
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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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Website
Independence Hall Association

U.s. History: The Sickened Economy

For Students 5th - 8th
The U.S. economy in the 1970s staggered and fell in the 1970s. Read about the reasons for the depressed economy marked by high inflation and high unemployment.
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Article
Practical Money Skills

Practical Money Skills: Recession

For Students 9th - 10th
Learn about recessions, periods of economic slowdown often marked by high rates of unemployment, plunging stock prices, lower corporate profitability, and consumer anxiety.
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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? Young scholars will find out about inflation in the United States.
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Lesson Plan
Social Science Education Consortium

Performance of National Economy: How Do We Measure the Economy's Health? [Pdf]

For Teachers 9th - 10th
This investigation helps students clarify economic performance measures. These include: percentage changes in the Gross Domestic Product or the Consumer Price Index, how the labor force is measured, the meaning of employment and...
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Graphic
Curated OER

Spending and Output Strings

For Students 9th - 10th
In this classroom activity, "output" cards and "spending" cards are placed on a string. As each increase or decrease, the economy faces more unemployment or inflation. A good visual device to study the relationships among output,...
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Graphic
Curated OER

Spending and Output Strings

For Students 9th - 10th
In this classroom activity, "output" cards and "spending" cards are placed on a string. As each increase or decrease, the economy faces more unemployment or inflation. A good visual device to study the relationships among output,...
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Graphic
Curated OER

Spending and Output Strings

For Students 9th - 10th
In this classroom activity, "output" cards and "spending" cards are placed on a string. As each increase or decrease, the economy faces more unemployment or inflation. A good visual device to study the relationships among output,...
+
Graphic
Curated OER

Spending and Output Strings

For Students 9th - 10th
In this classroom activity, "output" cards and "spending" cards are placed on a string. As each increase or decrease, the economy faces more unemployment or inflation. A good visual device to study the relationships among output,...
+
Graphic
Curated OER

Spending and Output Strings

For Students 9th - 10th
In this classroom activity, "output" cards and "spending" cards are placed on a string. As each increase or decrease, the economy faces more unemployment or inflation. A good visual device to study the relationships among output,...
+
Graphic
Curated OER

Spending and Output Strings

For Students 9th - 10th
In this classroom activity, "output" cards and "spending" cards are placed on a string. As each increase or decrease, the economy faces more unemployment or inflation. A good visual device to study the relationships among output,...
+
Graphic
Curated OER

Spending and Output Strings

For Students 9th - 10th
In this classroom activity, "output" cards and "spending" cards are placed on a string. As each increase or decrease, the economy faces more unemployment or inflation. A good visual device to study the relationships among output,...
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eBook
Texas Education Agency

Texas Gateway: Ch. 10: Intro to the Aggregate Demand/aggregate Supply Model

For Students 9th - 10th
In this chapter, you will learn about the following: Macroeconomic perspectives on demand and supply; Building a model of aggregate supply and aggregate demand, Shifts in aggregate supply; Shifts in aggregate demand; How the aggregate...
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eBook
Texas Education Agency

Texas Gateway: Ch. 16: Government Budgets: Key Concepts and Summary

For Students 11th - 12th
This section provides a summary of the key concepts presented in Chapter 16: Government Budgets and Fiscal Policy from the Texas Gateway AP Macroeconomics online textbook.
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eBook
Texas Education Agency

Texas Gateway: Ch.16: Introduction to Government Budgets and Old Address

For Students 11th - 12th
In this chapter, you will learn about the following: Government spending; Taxation; Federal deficits and national debt; Using fiscal policy to fight recessions, unemployment, and inflation; Automatic stabilizers; Practical problems with...
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Unknown Type
Khan Academy

Khan Academy: The Phillips Curve: Foundational Concepts

For Students 9th - 10th
Practice what you know about the Phillips curve model in this four-question exercise.
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Handout
Digital History

Digital History: Reaganomics

For Students 9th - 10th
This on "Reaganomics," President Reagan's economic policy during his two presidential terms in the 1980s, discusses his laissez-faire approach and tax-cutting, which contributed to the economic recovery of that period.
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Handout
Auburn University

Auburn University: Glossary of Political Economy Terms: Monetary Policy Defined

For Students 9th - 10th
This site provides a very thorough definition of the economic concept of monetary policy. The explanation is by Dr. Paul Johnson of Auburn University
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Unknown Type
Khan Academy

Khan Academy: Phillips Curve: Linking Changes in Ad as Model to Phillips Curve

For Students 9th - 10th
In this exercise, practice using the graphical model of the Phillips curve.
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Lesson Plan
Khan Academy

Khan Academy: The Phillips Curve Model

For Students 9th - 10th
This study resource will help young scholars understand, and create, graphs that are critical skills in macroeconomics. This article reviews the Phillips Curve Model. This resource is designed as a review for the AP Macroeconomics Test...