Economics and Personal Finance Education Resources

We have award-winning, FREE classroom resources for K-16 educators to use to teach about money and banking, economics, personal finance and the Federal Reserve. We also have FREE resources for consumers and others who want to learn about economics, personal finance and the Federal Reserve.

Featured

Feducation: Money and Inflation

Feducation: Money and Inflation

How are the money supply and inflation related? And what does the Federal Reserve have to do with this relationship? This video reviews the functions of money, features an interactive auction that demonstrates the relationship between the money supply and inflation, then utilizes a simple equation to show how changes in the money supply affect the economy. The video also describes how the Fed uses monetary policy to achieve its dual mandate of maximum employment and price stability.
Feducation: Traditional and Non-Traditional Monetary Policy

Feducation: Traditional and Non-Traditional Monetary Policy

What monetary policy tools did the Federal Reserve use prior to the Great Recession? What did it do differently during and after the Great Recession? This video includes a simple demonstration of Open Market Operations and a discussion of non-traditional monetary policy tools.
Constitutionality of a Central Bank

lesson (.pdf)

Students learn about McCulloch v. Maryland, a case decided in 1819 over (1) whether the state of Maryland had the right to tax the Second Bank of the United States and (2) whether Congress had violated the Constitution in establishing the Bank. Students also review the expressed powers of Congress identified in the Constitution and analyze how Congress implements the necessary and proper (elastic) clause to enact its expressed powers. Finally, students use their knowledge of McCulloch v. Maryland and the necessary and proper clause to consider the constitutionality of the Federal Reserve System.