Pedagogy in Action > Library > Using Federal Reserve Economic Data > Examples


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    Unemployment or Inflation? That is the question! part of Examples
    This application will allow students to better understand the concepts and models presented during the course, as well as become aware of the macroeconomic situations in other countries. It will help them become better informed citizens.

    From Data and Theory to Real Life: The Impact of the Great Recession part of Examples
    This two-part module is intended to use real macroeconomic data to analyze the consequences of the Great Recession (December 07 and June 09) on RDGP, the Unemployment Rate, and help students understand the impact on their individual economic well being.

    Are Recessions Good for Gas Prices? part of Examples
    This activity allows students to investigate the different impacts on equilibrium price of gasoline (a commodity of interest). The students are able to see that multiple impacts effect the dynamic market.

    Where Do You Want to Live? Using GeoFRED part of Examples
    In this activity students will use GeoFRED information to provide a researched argument for the State they want to live in. The students will be able to explore and evaluate the factors impacting states and describe how these factors have changed over time.

    Structural Changes in Male/Female Differences in Unemployment Rates Over Time part of Examples
    Why have women increasingly experienced smaller fluctuations in unemployment rates than men? Prior to 1980 the unemployment rate of women took longer to come back down after a recession than men. More recently, the opposite has been true. This module will be useful for three types of classes: introductory statistics classes; principles of economics classes; and labor economics classes. Students often have difficulties relating statistical and economic concepts to reality. What this module provides for statistics classes is an historical example through which students can see how trends can change over time. Principles and labor economic courses can use this module as more of a qualitative tool through which students can apply what they have learned about the unemployment rate to actual historical data.

    Purchasing Power Parity part of Examples
    This activity shows how to compute the purchasing power parity value of a currency and plots it against its nominal exchange rate. Students can apply the concept of the Law of One Price and discuss its shortcomings. This exercise can be replicated for multiple currencies, price indexes and time periods.

    Using State-Level Data to Study Unemployment Rates part of Examples
    Students use FRED to obtain regional, state, or county unemployment data. Unemployment rates can be used to describe the business cycle, to make multistate comparisons or to make comparisons to the U.S. economy.

    Nominal and Real Interest Rates part of Examples
    This activity shows how to compute real interest rates and plots them

    Inflation Expectations part of Examples
    This activity shows how to operationalize the concept of inflation expectations and plots it

    Corporate Risk Premium part of Examples
    This activity shows how to compute the corporate bond risk premium and plots it

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