The recent financial crisis brought about dramatic changes in the way that the Federal Reserve, the nation's central bank, conducts monetary policy. One challenge for high school educators going forward will be to strike a balance between the teaching of traditional monetary policy and the teaching of the monetary policy used during these…

This student text and teacher's guide examine the government's role in the U.S. economy and how the choices made by the government affect each citizen. The following topics are addressed: (1) why government gets involved in the economy and the social and economic goals the government tries to achieve; (2) how government monetary, fiscal, and trade…

The United States is a multi-trillion dollar economy that annually allocates a staggering amount of resources to produce a variety of goods and services for domestic and world consumption, and provides employment and income for millions of individuals. This lesson plan for social studies and economics teachers traces a series of interconnected…

This student booklet with accompanying teacher's guide examines the issues and controversies surrounding the nation's debt and deficits. The first section defines key terms relating to the issues and traces how the United States got on the road to fiscal disorder. The second section examines what specific federal spending programs have triggered…

The Student Text and Teacher's Guide examine the government's role in the U.S. economy and how the choices made by the government in Washington affect each individual. The student text is divided into four chapters. Chapter 1, "Government's Role in the Economy," discusses why government gets involved in the economy and examines the social and…

This teacher's guide to an educational unit on economic choices provides motivators, terms and concepts to know, lesson objectives, student activities, student worksheets, and evaluation criteria. One activity requires students to research their family's economic history and answer questions such as: (1) "Do any family members belong to a…

This book investigates a variety of contemporary issues, both domestic U.S. concerns and those of an international focus that involve the United States. The introduction develops the context of the book by discussing the Reagan legacy, the 101st Congress, the Supreme Court, and the making of the U.S. federal budget. The domestic policy issues of…

Utilizes Federal Open Market Committee (FOMC) transcripts to reveal how the Federal Reserve shapes monetary policy. Analysis of the documents shows the Committee examining a wide variety of indicators and approaches in an attempt to determine the appropriate time for a policy change. Inflationary pressures were a preeminent concern. (MJP)

Maintains that the escalating costs of international commitments (primarily the Vietnam War) and domestic programs resulted in a chronic balance-of-payments deficit that signaled the end of "growth liberalism." Provides an in-depth look at Lyndon Johnson's efforts to address this crisis amidst growing political opposition. (MJP)