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Calendar Item: The New Ben on September 27, 1995


Deregulation and the California Utilities

“The verdict is in: California’s experiment with energy deregulation is not just a mess; it’s a certifiable failure, according to everyone from the state governor to the very utilities that initially backed the scheme.” This is how Charles Feildman, CNN Correspondent, began his article on January 4, 2001, entitled “The California Power Quagmire”. Has this happened with any other industry? How and why did this happen in California and can it happen in other states? To understand what happened one must look at some simple and basic concepts in economics.

Grades: 9-12
Published: 09/25/2001

Focus on Economic Data: The Federal Reserve and Monetary Policy, January 11, 2015

This lesson utilizes the December 16-17, 2014, statement of the Federal Reserve's Federal Open Market Committee (FOMC) to explore the Federal Reserve's twin goals of price stability and full employment. This lesson discusses the role and importance of inflationary expectations for economic stability and effective monetary policy.

Grades: 9-12
Published: 01/29/2015

Keynes vs. Hayek: The Rise of the Chicago School of Economics

Economic freedom is freedom from government intervention in the production and distribution of goods and services. After World War II, governments were trying to rebuild their economies from the ground up. They looked to the ideas of the top economists of their day for guidance. These ideas have shaped economic systems and the idea of economic freedom for many years.

Grades: 9-12
Published: 06/22/2005

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.


Capstone: Exemplary Lessons for High School Economics - Teacher's Guide

This publication contains complete instructions for teaching the lessons in Capstone. When combined with a textbook, Capstone provides activities for a complete high school economics course. 45 exemplary lessons help students learn to apply economic reasoning to a wide range of real-world subjects.

Grades: 9-12
Published: 2003

16 out of 45 lessons from this publication relate to this EconEdLink lesson.

Focus: Understanding Economics in Civics and Government

This publication contains 20 lessons designed to provide an economic insight into topics typically covered in may civics and government classes.

Grades: 9-12
Published: 2009

13 out of 21 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

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