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FRED Interactives

FRED Interactives are online modules that teach data literacy and economic content at the same time. Students learn how to build and customize FRED graphs and then interpret the data–all within the Econ Lowdown Teacher Portal.

FRED Interactive: 7 Activities in 7 Minutes

The FRED® database includes hundreds of thousands of data series from dozens of national, international, public, and private sources. The FRED website allows users to combine and display data with an easy-to-master mix of tools. In this interactive lesson, students learn to use several FRED features that are key for understanding and visualizing data: formatting data units and frequency and customizing the graph.

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FRED Interactive: Comparative Advantage

Students compare manufacturing unit labor costs across countries. These costs help us quantify the comparative advantage of the United States relative to other countries.

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FRED Interactive: Doing Basic Math

Students learn to use a key FRED feature for understanding and visualizing data: applying basic mathematical formulas to the data.

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FRED Interactive: FREDcasting Consumer Price Index

Students learn to use several FRED® features to play the FREDcast® game: forecasting the growth rate of the consumer price index.

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FRED Interactive: FREDcasting Payroll Employment

Students learn to use several FRED® features to play the FREDcast® game: forecasting the change in payroll employment.

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FRED Interactive: FREDcasting Real GDP

Students learn to use several FRED® features to play the FREDcast® game: forecasting the growth rate of the real gross domestic product.

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FRED Interactive: FREDcasting Unemployment Rate

Students learn to use several FRED® features to play the FREDcast® game: forecasting the unemployment rate.

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FRED Interactive: The Great Recession

The economic recession that started in December 2007 and ended in June 2009 is sometimes called the “Great Recession.” In this interactive lesson, students learn to use several FRED features that are key for understanding and visualizing data: formatting data units and customizing the graph. This helps us see why the 2007-2009 recession received that moniker.

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FRED Interactive: Index Numbers

Students learn to use several FRED® features to discover how to use index numbers to measure growth in prices: changing the data units and applying a formula to the data.

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FRED Interactive: Information Literacy

Students practice information literacy skills related to three threshold concepts: Searching as strategic exploration, information has value, and research as inquiry.

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FRED Interactive: Mind the Units

Students learn to use several FRED® features that are key for understanding and visualizing data: formatting graphs and customizing the data units.

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FRED Interactive: Nominal and Real Wages

Students compare the nominal value of the federally mandated minimum wage with its inflation-adjusted real value.

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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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Related:

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.

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Bring Data into Your Classroom: A Tutorial for using FRED Interactives and FREDcast

In this session of the Econ Lowdown webinar series, presenters from the Federal Reserve Bank of St. Louis discuss strategies for using data in the classroom as an effective way to make content relevant in a variety of subjects.

Learn more and watch video from the webinar

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Audience:   High School, College
Language:   English
Subjects:   Economics, AP, Data Literacy
Resource Types:   Data, Charts/Graphs, Online Course
Concepts:   Money, Inflation/Deflation, Trade/International Trade, Productivity