This lesson focuses on the April 30, 2008, announcement by the Federal Open Market Committee on the current Federal Reserve monetary policy actions and goals. This lesson is intended to guide students and teachers through an analysis of the actions the Federal Reserve is taking and can take in influencing prices, employment, and economic growth. An understanding of monetary policy in action is fundamental to developing a thorough understanding of macroeconomics, the dynamics of the U.S. economy, and current economic conditions.
The seasonally adjusted rate of change in the consumer price index during the month of October 2001 was -0.3 percent or a decrease of three-tenths of one percent. The consumer price index has increased over the last twelve months by 2.1 percent.
The seasonally adjusted rate of change in the consumer price index during the month of August 2002 was 0.3 percent (an increase of three-tenths of one percent). The rate of increase in the consumer price index over the past twelve months was 1.8 percent. In August, the core consumer price index, which excludes energy and food prices, also increased by 0.3 percent.
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 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.
6 out of 9 lessons from this publication relate to this EconEdLink lesson.
Focus: Understanding Economics in U.S. History uses a unique mystery-solving approach to teach U.S. economic history to your high school students.
6 out of 40 lessons from this publication relate to this EconEdLink lesson.
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.
4 out of 21 lessons from this publication relate to this EconEdLink lesson.