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Related Lessons

Lesson: Fiscal and Monetary Policy Process


Fed Orders Interest Rate Cut

On October 15, 1998 Alan Greenspan and the Board of Governors, in a surprise move ordered short-term interest rates cut by 0.25%. What prompted the Fed to take this action? What impact will the rate change have on the economy? Analyze the articles below to examine the linkages between actions of the Federal Reserve Bank and economic performance.

Grades: 9-12
Published: 10/12/1998

Focus on Economic Data: U.S. Real GDP Growth, Revised Estimate 2Q 2014

In this lesson, students explore the revised real GDP data for the second quarter of 2014. These data, released by the Bureau of Economic Analysis, are presented first as estimates, then as revisions as more data for the time period is collected. This lesson uses data from the final estimate of the 2Q 2014 activity. Students will understand the recent trends in real GDP, the causes for these trends, and investigate the components of real GDP. They will also use this understanding to analyze the impact of other variables on real GDP. To begin the academic year, this is a basic lesson, which will be built upon as the year progresses.

Grades: 9-12
Published: 11/14/2014

Focus on Economic Data: U.S. Real GDP Growth, March 27, 2015

In this lesson, students explore the advance estimate of real GDP data for the fourth quarter of 2014. These data, released by the Bureau of Economic Analysis, are presented first as estimates, then as revisions as more data for the time period is collected. This lesson uses data from the final estimate of the 4Q 2014 activity. Students will understand the recent trends in real GDP, the role of exports and imports, and the effect of trade balance on GDP and GDP growth.

Grades: 9-12
Published: 04/20/2015

Related Publications

The following lessons come from the Council for Economic Education's library of publications. Clicking the publication title or image will take you to the Council for Economic Education Store for more detailed information.


Teaching Financial Crises

Teaching Financial Crises is an eight lesson resource that provides an organizing framework in which to contextualize all of the media attention that has been paid to the recent financial crisis, as well as put it in a historical context. The current events stories, opinion pieces, and other popular media pieces that are today in great supply have generally not connected to educational objectives, historical analysis, and economic processes and concepts that are used in the high school classroom. In Teaching Financial Crises, teachers will find a non-partisan and non-ideological resource to help them simplify and offer balanced perspectives on this challenging subject matter.

Grades: 9-12
Published: 2010

6 out of 9 lessons from this publication relate to this EconEdLink lesson.

Focus: Understanding Economics in U.S. History

Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.

Grades: 9-12
Published: 2006

3 out of 40 lessons from this publication relate to this EconEdLink lesson.

Focus: High School Economics

This revised edition features simulations, role plays, small-group discussions and other active-learning instructional activities to help students explore economic concepts through real-life applications.

Grades: 9-12
Published: 2001

3 out of 21 lessons from this publication relate to this EconEdLink lesson.