Inflation Expectations, the Phillips Curve, and the Fed's Dual Mandate

This Summer 2021 issue of Page One Economics describes how to think about stable prices, how inflation has evolved in recent years, how the relationship between inflation and employment is changing, and what the Federal Open Market Committee (FOMC) has recently stated about its strategy to meet its price stability goal.

Teachers: Visit the Reading Q&As in our Econ Lowdown Teacher Portal to find the high school/college teacher editions (including an answer key) for this issue; to assign an online version of the student materials; and to collect student scores on the questions.

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Keep your students in the know on timely economic issues with Page One Economics. Page One Economics provides a simple, short overview of a current economic event that offers students an opportunity to use close reading strategies. The Teacher’s Guide includes student questions and a teacher answer key, plus additional resources and lesson ideas for classroom, extra credit, or make-up assignments. You can subscribe via RSS feed or email.

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