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.

Teachers: Visit the FRED Interactives in our Econ Lowdown Teacher Portal. Once you are logged in, go to the Resource Gallery and filter by “Resource Type: Interactive Lesson” to easily find and preview the FRED Interactive lessons.

Adjusting for Inflation

Students learn about the difference between nominal and real data.
Learn more about the FRED Interactive: Adjusting for Inflation

Data Citations

Students learn to use the metadata in FRED to create good data citations.
Learn more about the FRED Interactive: Data Citations

Doing Basic Math

Students learn to use a key FRED feature for understanding and visualizing data: applying basic mathematical formulas to the data.
Learn more about the FRED Interactive: Doing Basic Math

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.
Learn more about the FRED Interactive: Index Numbers

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.
Learn more about the FRED Interactive: Mind the Units

Information Literacy

Students practice information literacy skills related to three threshold concepts: Searching as strategic exploration, information has value, and research as inquiry.
Learn more about the FRED Interactive: Information Literacy

Seasonality

Students learn about seasonally adjusted and not seasonally adjusted data.
Learn more about the FRED Interactive: Seasonality

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.
Learn more about the FRED Interactive: 7 Activities in 7 Minutes

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.
Learn more about the FRED Interactive: Comparative Advantage

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.
Learn more about the FRED Interactive: The Great Recession

Nominal and Real Wages

Students compare the nominal value of the federally mandated minimum wage with its inflation-adjusted real value.
Learn more about the FRED Interactive: Nominal and Real Wages

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.
Learn more about the FRED Interactive: Real GDP per capita

Related:

10 FRED Activities in 10 Minutes

Take a 10-minute guided tour of FRED with step-by-step activities.
Learn 10 FRED Activities in 10 Minutes

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.
Learn more about the Keeping It Real lesson plan

Tools for Teaching with FRED

Tools for Teaching with FRED incorporates tutorials, instructional guides, lesson plans and activities with FRED.
Learn Innovative Tools for Teaching with FRED

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Education Level: 9-12 College
Subjects: Economics AP Economics Data Literacy
Concepts: Money Inflation/Deflation Trade/International Trade Productivity
Resource Types: Data Charts/Graphs Online Module
Languages: English