Tools for Teaching with FRED

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Tools for Teaching with FRED incorporates lesson plans and activities with FRED, the St. Louis Fed's "Federal Reserve Economic Data" website.

Federal Reserve Economic Data (FRED) lets users download, graph and track more than a quarter million U.S. and international time series from dozens of sources. Create, save, update and share your own custom graphs using current and historical economic data.

Lesson Plans and Activities:

10 FRED Activities in 10 Minutes
Looking for a quick way to master the basics of FRED, the St. Louis Fed's free economic data website? This online guide to 10 step-by-step activities prepares users to find and graph economic data. The guide also shows how to customize, save, and share a FRED graph.
Activities guide (pdf) | More about the activities


Analyzing the Elements of Real GDP in FRED Using Stacking
This online activity shows how to use FRED, the Federal Reserve's free online economic data website, to analyze changes in real gross domestic product (GDP) and GDP makeup over time. Following simple instructions, you will locate spending data for the individual components of real GDP, and then combine them into a highly informative area graph. You will also use FRED's ability to stack data and see how trade—imports and exports—contributes to GDP. The resulting customized graph will let you see how economic output varies from year to year.
Lesson (pdf) | More about this lesson


FRED in the Classroom: Debt and Deficit
A lesson on the U.S. deficit, debt and debt to GDP ratio to be used in conjunction with FRED.
Lesson (pdf) | More about this lesson


FRED in the Classroom: Employment and the Labor Force
A lesson on employment and the labor force to be used in conjunction with FRED.
Lesson (pdf) | More about this lesson


FRED in the Classroom: Measures of Inflation
A lesson on measures of inflation to be used in conjunction with FRED.
Lesson (pdf) | More about this lesson


Lifetime Inflation Activity
Following simple instructions, you will locate the overall level of U.S. consumer prices as it existed on your birth date. You will then compare that level with the level today to see how prices have inflated during your lifetime. FRED's ability to create a graph with a custom index scale will allow you to visualize the rise in prices over your lifetime.
Lesson (pdf) | More about this lesson

Websites:

Starting Point: Teaching and Learning Economics - Teaching with FRED
This site introduces economists to innovative teaching strategies using Federal Reserve Economic Data (FRED). It provides instructors with the tools to begin integrating and assessing these teaching strategies in their own classrooms; it also promotes the sharing of teaching innovations among instructors. Included among the strategies are seven lessons for integrating FRED.
More about this website

More: Tools for Teaching with FRASER | Tools for Teaching with GeoFRED

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Audience:   High School, College, Consumers
Language:   English
Subjects:   Economics, AP, Mathematics, Civics/Government
Resource Types:   Charts/Graphs, Data, Lessons, Website, Series, Activity, STEM
Concepts:   Unemployment, Employment, Economy, Deficit, Inflation/Deflation
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