This is one of a series of essays adapted from articles in "On Reserve," a newsletter for economic educators published by the Federal Reserve Bank of Chicago. This pamphlet explains how public debt incurred by the federal government may not be necessarily bad from an economic perspective. The sections of the pamphlet include: (1)…

This pamphlet recaps the chain of events known as The Bank Panic of 1907. Historians view this as a watershed event that had a lasting impact on the financial system of the United States. The panic resulted from the collapse of the United Copper Company and was averted with the intervention of John D. Rockefeller and the J. P. Morgan Company. The…

This pamphlet defines "national debt," explains how the national debt is incurred by the federal government, and what deficits are. The sections of the pamphlet include: (1) "Definitions"; (2) "History"; (3) "Measurements"; (4) "Problems"; and (5) "Strategies." The text is written in a…

This booklet examines the political events of the year 1912 in which the idea of the Federal Reserve System came into reality. Excerpts from reminiscences, letters and newspapers of the time give an inside look at the divergent forces and personalities that were brought together to form the central banking system of the United States. Sections of…

This is the second unit of seven resource units for a twelfth grade course on value conflicts and policy decisions. The topic for this unit is promoting economic growth in the United States. The objectives are listed as to generalizations, skills, and values. The double-page format relates objectives to pertinent content, teaching procedures, and…

This booklet identifies 14 basic economic concepts that have been selected for emphasis in junior high social studies classes in Nebraska. The booklet is accompanied by a series of related instructional units (see SO 011 416). In this booklet, the concepts are listed in a sequence from the simplest to the most complex, with concepts one through…

These nine instructional units form the second part of a two-part plan for providing direction for junior high studies in economics. The units cover the first nine of 14 concepts outlined in part one, the concept paper (see SO 011 415). Suitable for both junior high and high school level, each unit comprises a one-week course. All nine units can…