ERIC Number: EJ1298577
Record Type: Journal
Publication Date: 2021
Pages: 8
Abstractor: ERIC
ISBN: N/A
ISSN: ISSN-0037-7724
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Available Date: N/A
Pandemic 101: A Roadmap to Help Students Grasp an Economic Shock
Holder, Kim; Niederjohn, Scott
Social Education, v85 n2 p64-71 Mar-Apr 2021
This article focuses on the major national economic indicators and how they changed over the course of the COVID-19 pandemic. The indicators that are discussed include Gross Domestic Product (GDP), the unemployment rate, interest rates, inflation, and other variations of these measures. The authors also present data that sheds light on the monetary and fiscal policy responses to the pandemic. The authors explain these economic indicators with additional attention to what they measure and the limitations they may present. Teachers will be introduced to the Federal Reserve Economic Database (FRED), which is a rich source of graphs and information for teacher instruction and student research. Further classroom-based resources related to understanding the economic effects of the COVID-19 pandemic are also presented.
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
Author Affiliations: N/A