Web Links for use with Economics

About Links

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Unit 1: Economics: The Science of Choice

Chapter 1: What Is Economics?

• Decision Matrix Lesson—Sample lesson on how to make a decision including a sample matrix
• Family Monthly Budget Planner—Templates for planning a family budget
• Household Budget Form—Form for planning a family budget

Chapter 2: Economic Models

• Circular Flow Diagram—Good circular flow diagram and explanation

Chapter 3: Value and Demand

• Insurance—Information on various types of insurance

Unit 2: Economics of the Nations

Check under Educational Resources for lesson plans that might cover the material in this unit

Unit 3: Economics of the Business Firm

Chapter 7: Forms of Business Ownership

Check your state laws concerning the establishing of a business as a proprietorship, partnership, or a corporation.

• Partnerships— Questions and answers on partnerships

Chapter 8: The Stock Market

• New York Stock Exchange—Information about the stock exchange, current stock listings and educational material for the classroom on stock and the stock markets
• NASDAQ—Stock quotes and listing information as well as market statistics and free stock ticker information
• Dow Jones Indexes—List of the various indices of the Dow Jones Company
• Securities and Exchange Commission—Government agency that supervises securities and market information

The following websites will provide more information about mutual funds:

• SEC
• The Motley Fool
• Morningstar

Unit 4: Economics of the Financial Market

Chapter 10: Money and the Financial Market

• Bureau of Engraving and Printing—Government agency that is responsible for the printing of United States currency
• U.S. Department of the Treasury—Government site containing information about the financial sector of the U.S. economy. Includes information on coins and paper money and other websites that may be helpful
• The United States Mint—Government agency that is responsible for the making of United States coins

Chapter 11: Central Banking

The following three websites are provided by the Fed to help explain the functions and responsibilities of the Fed. An educational section is included in which games, lesson plans, videos, and other activities are provided to help students understand the Federal Reserve System.

• Federal Reserve Education
• Federal Reserve Board
• Legal tender
• Silver Certificates
• FDIC—Provides information on the functions and activities of the FDIC which insures bank accounts

The following are websites that encourage saving and recommend financial planning.
As with any website, think carefully about what you read and check information against other websites before taking any actions.

• Saving
• My Money
• Money Instructor

Unit 5: Economics of the Government

Chapter 12: Measuring the Wealth of the Nation

• U. S. Commerce Department—Information dealing with business and the financial sector of the U.S. economy
• Bureau of Economic Analysis—Statistical data on the U.S. economy and the GDP (Gross Domestic Product)

Chapter 13: The Business Cycle and Unemployment

• Business Cycles—Federal Reserve district bank site to figure business cycles
• Economic Report of the President —Information and statistics about all aspects of the U.S. economy including business cycles
• U. S. Department of Labor—Information and statistics on labor, workers and other related topics in the U. S. economy
• Bureau of Labor Statistics—Part of the Department of Labor that keeps track of the information

Chapter 14: Inflation

• Consumer Price Index Home Page—Government calculation of the consumer price index and the rate of inflation
• Economic Report of the President—Information and statistics about all aspects of the U. S. economy including inflation statistics

Chapter 15: Fiscal Policy

• Internal Revenue Service—Agency of the government responsible for the collection taxes and information about taxes and tax policy
• Economic Report of the President—Information and statistics about all aspects of the U. S. economy including government spending and borrowing

Educational Resources

The following websites contain lesson plans, activities, helpful illustrations and/or links to other websites on a variety of economic topics:

• Econedlink—Online economics and finance lessons
• ECONections—National Council on Economic Education economic lessons
• EdSitement—Lesson plans for subjects in the humanities
• Foundation for Economic Education—Organization promoting the continuation of free-market ideas; offers seminars, periodicals, and lectures on economic thought
• Economics—Librarians’ Index to the Internet—Sections on economics and personal finance
• WSJ.com - U.S. Home—Wall Street Journal, financial newspaper

Federal Economics Links

• Economic Report of the President— Information and statistics about all aspects of the U.S. economy
• Census and Statistics—Census information and statistics on the United States

Personal Finance Links

• Federal Citizen Information Center— Free publications to inform and protect consumers
• Financial Fitness for Life from the NCEE—Comprehensive financial curriculum for students
• The Mint: It Makes Cents—Practical interactive guidance for students on budgeting. This website contains games, simulations and online activities to help teens understand personal finance.
• Jump$tart Coalition—Personal finance and educational materials
• NCEE Resources—Database of online economic lessons

Federal Reserve Banks

Each of the district banks of the Federal Reserve (websites listed below) provides information on the financial aspects of the United States economy. The sites include material on the Fed and the district as well as educational material, games, lesson plans, and quizzes.

• Atlanta
• Boston
• Chicago
• Cleveland
• Dallas
• Kansas City
• Minneapolis
• New York
• Philadelphia
• Richmond
• St Louis
• San Francisco