Education Resources Recommended by Mike Kaiman
Mike Kaiman is a senior economic education specialist at the St. Louis Fed. Mike has an M.A. in history and spent 20 years teaching multiple social studies and economics courses at the high school level. His focus is on AP curriculums and Canvas learning management software.
Mike's favorite resources are listed below.
- AP Macroeconomics Entrance and Exit Tickets
These entrance and exit tickets for AP Macroeconomics align with the AP Macroeconomics curriculum. They are short (less than five minutes), formative assessments intended to give instructors immediate feedback on the day’s lessons. - AP Microeconomics Entrance and Exit Tickets
These entrance and exit tickets for AP Microeconomics align with the AP Microeconomics curriculum. They are short (less than five minutes), formative assessments intended to give instructors immediate feedback on the day’s lessons. - A Cotton Tale: The United States' First Industrial Revolution (1790-1840)
It is widely accepted within the study of history that cotton played a crucial role in the United States in the 18th and 19th centuries. This lesson allows students to understand the specific causes and consequences of the dramatic increase of cotton production in Southern states and its influence on the emergence of the nation’s first major manufacturing industry—textile production. Students will read both primary and secondary sources detailing the growth of both Northern industrialization and Southern cotton expansion. Additionally, students will develop data literacy skills using economic data from FRED® and other statistical information to further analyze the development of the two regions. Finally, students complete the lesson by responding to an AP U.S. history exam short-answer, three-part question. - Everything Including the Kitchen Sink—Progressive Reforms and Economic Wealth in the 1920s Lesson for Grades 10-12
Students learn that economic forces have an impact beyond the financial world. First, they learn that Progressive Era public health reforms inspired a commercial response to the growing demand for sanitation through the rapid increase in bathroom-fixture production. Students then use economic data from FRED® to analyze how bathroom-fixture production changed throughout the 1920s. They examine primary documents—1920s advertising—to see how companies fused the Progressive Era with the new consumer culture. Finally, students complete the lesson by responding to AP U.S. History-style short-answer questions. - Removing the “Punch Bowl”: Inflation and the Federal Reserve’s Use of Contractionary Monetary Policy, Lesson for Grades 10-12
This lesson focuses on contractionary monetary policy by analyzing a 1955 primary source document of a speech given by Federal Reserve Chair William McChesney Martin Jr. In his speech, Martin made the famous analogy that in times of economic expansion the Fed should “remove the punch bowl” before the party gets out of hand. Students will develop critical thinking skills through this primary source analysis and develop data literacy skills through FRED® graph analysis.
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Questions?
You can contact Mike at 314-444-8421 or mike.kaiman@stls.frb.org.