Over the course of one semester, six empirical assignments that utilize FRED are used to introduce students of money and banking courses to the economic analysis required for the conduct of monetary policy. The first five assignments cover the following topics: inflation, bonds and stocks, monetary aggregates, the Taylor rule, and employment.…

Many instructors in subjects such as economics are frequently concerned with how to teach technical material to undergraduate students with limited mathematical backgrounds. One method that has proven successful for the authors is to connect theoretically sophisticated material with actual data. This enables students to see how the theory relates…

Argues that knowledge of statistics is becoming increasingly important for economics students. Presents a lesson to improve the learning of statistics and communication skills using short cases that include an economics problem and real data. Describes how students work in teams with computers for analysis and preparation of written reports. (DSK)

Describes an exercise, step-by-step, for developing critical thinking while exposing students to electronic-data skills. Argues that the exercise enhances critical thinking by forcing students to deal with issues of data definition, collection, and interpretation, and by providing an active learning experience with real-world data. (DSK)