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Education Resources Recommended by Diego Mendez-Carbajo

Diego Mendez-Carbajo is a senior economic education specialist at the St. Louis Fed. Diego's favorite resources are listed below.

FRED and Data Literacy

FRED Interactive: 7 Activities in 7 Minutes
The FRED® database allows users to combine and display data with an easy-to-master mix of online tools. In this interactive lesson, students learn to use several features of the FRED website that are key for understanding and visualizing data: formatting data units and frequency and customizing the graph.

Keeping It Real: Teach ACRL Information Literacy Frames with FRED Data
This lesson plan is designed to supplement the “FRED Interactive: Information Literacy” online course available through www.econlowdown.org. Students review a FRED graph made in the course; define the concepts nominal, real, and inflation; and discuss basic strategies for establishing the reliability of a data source.

Data Literacy: The Composition Effect
This lesson is part of the Data Literacy series, which was created to help university and secondary school librarians and other faculty members teach students how to reliably identify, interpret, and communicate data.

Page One Economics® (Data Primer) Measuring Financial and Economic Risk with FRED®
The FRED® database provides access to a wide range of data. Several of those data series signal stress levels in financial markets and probabilities of economic recession. This article describes indexes of financial and economic recession risk to new data users and can serve as a reference to advanced data users.

Economics

Women in Economics Podcast Series
Less than a third of the students who graduate with bachelor’s degrees in economics are women. That percentage of women further dwindles as careers in economics advance. The Women in Economics Podcast Series highlights the studies and careers of those making their marks in the field of economics.

Economic Lowdown Video Series. Episode 6: Circular Flow
This video explains the circular flow model. Learn how households and businesses interact in the market for resources and in the market for goods and services, and see how money keeps the whole process moving.

Page One Economics® A New Frontier: Monetary Policy with Ample Reserves
The Federal Reserve conducts the nation’s monetary policy to promote maximum employment and price stability through the federal funds rate. The May 2019 issue of Page One Economics reviews the previous framework for monetary policy, and then describes the Federal Reserve’s new strategy for influencing the federal funds rate and the broader economy.

FRED Interactive: Real GDP per capita
The average standard of living in a country is measured by dividing the value of its gross domestic product by the size of its population. In this interactive lesson, students learn to calculate the gross domestic product per person in the United States. This helps us see how the average standard of living has changed over time.

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Questions?

You can contact Diego at 314-444-7488 or Diego.Mendez-Carbajo@stls.frb.org.