Discusses real business cycle analysis, growth theory, and other economic concepts in the context of the rational expectations revolution in macroeconomics. Focuses on post-1982 research. Concludes that the rejuvenation of growth analysis is an encouraging development because it could lead to changes in welfare policy. (CFR)

Describes federal-funds activity in the United States and the Federal Reserve's role in controlling bank lending and money creation. Discusses the relationship between the money supply and the Federal Reserve, Federal Reserve interventions in the market, and how the Reserve sets the federal-funds rate. Also identifies players in the funds market.…

This booklet, one of a series intended to apply economic principles to major social and political issues of the day, focuses on the relationship between growth of the money supply, growth of productivity, and inflation. Provided first is a definition of inflation along with discussions of price indexes, the value of money, and the concept of…

Part of a series of instructional packages for use in college level economics courses, this document contains nine lecture outlines on macroeconomics. The first section deals with basic macroeconomic concepts in terms of underlying microeconomic behavior, national income and product accounting, nominal and real GNP, actual and potential GNP, and…

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…

Describes four activities for the French-as-a-Second-Language classroom, including: a lesson in the interpretation of graphs (Lescure); a unit on measurement, money systems, museums, and schools in France (Berteloot, Ploquin); oral and written exercises based on French history and culture (Ploquin, Store); and a vocabulary development activity…

Provides a diagrammatic analysis of S. D. Gerking and J. H. Mutti's framework, illustrating their results and demonstrating additional results. Shows how the out-migration of labor from a country affects wage rates and flow of capital. Aids courses in international trade, economic development, and regional economics. (SLM)

Contends that the production possibilities frontier (PPF) appears only in preliminary discussions of scarcity in principles textbooks. Illustrates how linking the Keynesian cross and the production possibilities frontier can yield worthwhile results while maintaining analytical simplicity. (CFR)

This article extends a framework for the study of culture-cognition relations to problems of historical research and diachronic analysis. As an illustrative case, we focus on mathematics in Oksapmin communities located in a remote highland area in central New Guinea. The Oksapmin, like their neighboring Mountain-Ok groups to the West,…

This instructional unit identifies monetary units from various countries and explains exchange rates and the process of international payments. The materials consist of a four-page leaflet, a multiple choice test, and a combined information sheet/teacher's guide. The unit is intended for use in connection with discussion on international economy.…

A booklet intended for classroom use in beginning and intermediate German instruction provides students with a series of authentic McDonald's fast food restaurant placemats with which to review and reinforce adjective endings. Specific objectives are for students to: read and discuss each of the German McDonald's trayliners, complete a series of…

One of a series of teaching units designed to introduce secondary school students to the Canadian economy, this handbook contains instructional materials on Canada's role in the world economy. Ten sections contain readings and suggestions for activities related to Canadian trade, tariffs, the Canada-United States automobile pact, Canada-United…

This is a teacher's guide to a 20-minute color videocassette program that teaches high school students about the history of the U.S. monetary system and events leading to the establishment of the Federal Reserve System. The video program portrays episodes in U.S. history when the country was faced with problems of too much or too little money.…

The booklet explores various roles which money has played throughout history and examines the relationship between money and the Federal Reserve System. The major objective is to increase understanding of the performance of various functions such as making money work as a medium of exchange and as a measure of value and of storing value for future…

The tenth grade unit of the FICSS series (Focus on Inner City Social Studies -- see SO 008 271) deals with the political-economic systems in the United States. The first unit of the sequence focuses specifically on capitalism in a democracy. The document deals with both the theoretical and practical aspects of capitalism. The theoretical section…