Sunday, November 15, 2009

FRED Widget

Summary: A free widget from the St. Louis Federal Reserve Bank allows you to see default FRED graphs on your blog or home page.

This is a must have Google widget for AP Macroeconomics teachers. I installed the widget in less than 30 seconds on my iGoogle home page. Now I can get updates every time I use my computer to check my Gmail. This widget is here. You will thank me later.

Using the FRED data base will confirm the economic theory you teach. If you are an instructor who is using the rigor/relevance model, this is Quadrant D work. The FRED is real life and unexpected. The FRED is cross curriculum. Using the FRED requires analysis, synthesis, and evaluation.

If you are interested in how I used the FRED to derive the natural rate of unemployment, I will send you a PowerPoint and an email attachment with the step-by-step instructions. I also have a YouTube video here. I encourage you to make and share a FRED lesson for the insight you will gain about economics.

About the Author: Mike Fladlien is an AP Economics teacher from Muscatine High School in Muscatine, Iowa. He is an author, and blogs at Mikeroeconomics. He also likes the FRED data base.


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