Abstract 4-Volume 7-Number 1, Spring 2012

Data Literacy Contributes to Critical Thinking:  FRED for the Classroom

Kathy Cosgrove

Federal Reserve Bank of St. Louis

Mary Suiter

Federal Reserve Bank of St. Louis

Scott Wolla

Federal Reserve Bank of St. Louis

 

Abstract

The authors make the case that data literacy is a key component to critical thinking in the world today.  They describe the Federal Reserve Economic Data (FRED) database and how it can be used.  They provide a classroom lesson that uses FRED to help students gain an understanding of inflation and price stability.

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