Economics

Understanding Fiscal Responsibility (UFR): A Curriculum for Teaching about the Federal Budget, National Debt, and Budget Deficit


The 24 free lessons from Understanding Fiscal Responsibility (UFR): A Curriculum for Teaching about the Federal Budget, National Debt, and Budget Deficit (www.teachufr.org) connect students to the current public policy dilemmas about the federal budget, national debt, and budget deficit that confront the United States and its citizens. These 1-2 day lessons are not interdependent and are appropriate for students ranging from grades 9–12 in Civics/Government, Economics, U.S. History/Geography, World History/Global Studies/Geography, and Mathematics.   --> read more »

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National Financial Capability Challenge


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The U.S. Department of the Treasury and the U.S. Department of Education have teamed up to launch the National Financial Capability Challenge for 2010.

The Challenge is an initiative designed to engage educators in the teaching of personal finance, and to increase the financial knowledge and capability of high school aged youth across the United States so they can take control over their financial futures. All high school teachers (and other educators) are encouraged to sign up, prepare their students, and administer the voluntary online exam to help reach the goal of 1 million high school students taking the Challenge this year. Educators and top-scoring students in each school will earn personalized award certificates and states with the highest participation rates will also be recognized.
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Hyperinflation and the Confederacy: An Interdisciplinary Lesson in Economics and History


--Brooke Graham Doyle
The Confederacy’s answer to revenue deficits during the Civil War was to print more money, leading to hyperinflation on an unprecedented scale.

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Money Panics and the Establishment of the Federal Reserve System (Lesson Plan)


—National Council on Economic Education, New York
An unregulated banking system in the nineteenth century contributed to a string of severe money panics. A short play in this lesson plan helps students understand why this happened and how today’s Federal Reserve System protects against panics.

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Keynesian, Monetarist and Supply-Side Policies: An Old Debate Gets New Life


By M. Scott Niederjohn and William C. Wood
Keynesian fiscal policy—out of fashion with economists and policymakers for decades—has enjoyed a revival under President Obama’s new economic policy team, but competing approaches also have their advocates.

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The Crash of 2008: Causes and Fed Response


By James D. Gwartney and Joseph Connors
The current economic crisis is primarily a story about unintended consequences and what happens when the incentive structure is damaged by unsound institutions and policies.

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