IDEAS home Printed from https://ideas.repec.org/a/sae/amerec/v68y2023i1p126-139.html
   My bibliography  Save this article

Using Federal Reserve Economic Data® Data to Address Diversity and Inclusion in the Classroom

Author

Listed:
  • Diego Mendez-Carbajo

Abstract

This article describes 30 instructional resources produced by the Federal Reserve Bank of St Louis suitable to address topics related to diversity and inclusion in the undergraduate economics classroom. These resources employ FRED® data to broach a wide range of topics in the areas of gender, race, and inequality. The resources take the form of FRED Blog Reading Questions and Answers, Page One Economics essays, and Lesson Plans. Borrowing from the science, technology, mathematics, and engineering literature, we argue for the use of examples and demonstrations that draw connections between formal instruction and the social context of the learning process itself. To that end, we put forward examples for leveraging economics data from FRED® in instructional settings emphasizing active learning and the development of practical data-related skills. JEL codes: A10, A22

Suggested Citation

  • Diego Mendez-Carbajo, 2023. "Using Federal Reserve Economic Data® Data to Address Diversity and Inclusion in the Classroom," The American Economist, Sage Publications, vol. 68(1), pages 126-139, March.
    • Handle: RePEc:sae:amerec:v:68:y:2023:i:1:p:126-139
    DOI: 10.1177/05694345221084893
    as

    Download full text from publisher

    File URL: https://journals.sagepub.com/doi/10.1177/05694345221084893
    Download Restriction: no
    File URL: https://libkey.io/10.1177/05694345221084893?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Andrew T. Hill & Scott Wolla, 2020. "A survey of Federal Reserve economic education programs and resources1," The Journal of Economic Education, Taylor & Francis Journals, vol. 51(1), pages 68-79, January.
    2. Diego Mendez-Carbajo & Lucy C. Malakar, 2020. "Flipping the classroom with econlowdown.org," The Journal of Economic Education, Taylor & Francis Journals, vol. 51(1), pages 95-102, January.
    3. Cynthia Harter & Carlos J. Asarta, 2022. "Teaching Methods in Undergraduate Intermediate Theory, Statistics and Econometrics, and Other Upper-Division Economics Courses: Results From a Sixth National Quinquennial Survey," The American Economist, Sage Publications, vol. 67(1), pages 132-146, March.
    4. Emily A. Beam, 2021. "Leveraging outside readings and low-stakes writing assignments to promote student engagement in an economic development course," The Journal of Economic Education, Taylor & Francis Journals, vol. 52(4), pages 274-285, October.
    5. Wolfe, Marketa Halova, 2020. "Integrating data analysis into an introductory macroeconomics course," International Review of Economics Education, Elsevier, vol. 33(C).
    6. Diego Mendez-Carbajo, 2020. "Active learning with FRED data," The Journal of Economic Education, Taylor & Francis Journals, vol. 51(1), pages 87-94, January.
    7. Justin R. Roush & Bruce K. Johnson, 2018. "A college athletics recruiting game to teach the economics of rent-seeking," The Journal of Economic Education, Taylor & Francis Journals, vol. 49(2), pages 200-208, April.
    8. George Orlov, 2021. "Teaching students to read journal articles critically," The Journal of Economic Education, Taylor & Francis Journals, vol. 52(4), pages 308-315, October.
    9. Diego Méndez-Carbajo, 2015. "Visualizing Data and the Online FRED Database," The Journal of Economic Education, Taylor & Francis Journals, vol. 46(4), pages 420-429, October.
    10. Mary C. Suiter & Keith G. Taylor, 2016. "Resources for economic educators from the Federal Reserve Bank of St. Louis," The Journal of Economic Education, Taylor & Francis Journals, vol. 47(1), pages 71-75, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Mendez-Carbajo, Diego & Dellachiesa, Alejandro, 2023. "Choice of data visualization tool: FRED or spreadsheets?," International Review of Economics Education, Elsevier, vol. 44(C).
    2. Wolfe, Marketa Halova, 2020. "Integrating data analysis into an introductory macroeconomics course," International Review of Economics Education, Elsevier, vol. 33(C).
    3. Birdi, Alvin & Cook, Steve & Elliott, Caroline & Lait, Ashley & Mehari, Tesfa & Wood, Max, 2023. "A critical review of recent economics pedagogy literature, 2020–2021," International Review of Economics Education, Elsevier, vol. 43(C).
    4. Karla Borja & Suzanne Dieringer, 2023. "Telling My Story: Applying Storytelling to Complex Economic Data," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 328-348, June.
    5. Sang T. Truong & Humberto Barreto, 2023. "Teaching Income Inequality with Data-Driven Visualization," The American Economist, Sage Publications, vol. 68(1), pages 140-155, March.
    6. Sara Gundersen & Allison Shwachman Kaminaga, 2022. "Presentations To The President: A Role-Play Assignment For A Macroeconomics Principles Class," Journal of Economics Teaching, Journal of Economics Teaching, vol. 7(3), pages 185-199, October.
    7. Depro, Brooks & Rouse, Kathryn, 2022. "Adapting the case method in an economics capstone research course," International Review of Economics Education, Elsevier, vol. 41(C).
    8. Strenio, Jacqueline & van der Meulen Rodgers, Yana, 2023. "Integrating Gender into a Labor Economics Class," IZA Discussion Papers 15886, Institute of Labor Economics (IZA).
    9. Ahlstrom, Laura J. & Harter, Cynthia & Asarta, Carlos J., 2023. "Teaching methods and materials in undergraduate economics courses: School, instructor, and department effects," International Review of Economics Education, Elsevier, vol. 44(C).
    10. Marketa Halova Wolfe, 2023. "Incorporating Racial Justice Topics into an Econometrics Course," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 312-327, June.
    11. Aaron Pacitti & Michael Cauvel, 2023. "Rent-Seeking Behavior and Economic Justice: A Classroom Exercise," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(1), pages 88-103, January.
    12. Anna Maximova & Steve Muchiri & Mihai Paraschiv, 2023. "A Stroll Down the Dollar Street: Teaching Per-Capita GDP Using Internationally Comparable Photographs," Journal of Economics Teaching, Journal of Economics Teaching, vol. 8(2), pages 87-113, May.
    13. Cynthia Harter & Diego Mendez-Carbajo, 2024. "Diving into the Gap: Recognizing Gender Differences in an Online Learning Activity," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 50(1), pages 79-102, January.
    14. Depro, Brooks, 2022. "Making introductory economics more relevant: Using personalized connections to introduce environmental economics," International Review of Economics Education, Elsevier, vol. 39(C).
    15. Feng Ji & Guangyuan Zhao & Lun Meng & Rana Tehseen & Fushuai Wang, 2022. "Cultivating Talents for Reporting Environmental News on China’s Carbon Neutrality Policy," Sustainability, MDPI, vol. 14(24), pages 1-19, December.
    16. Diego Mendez-Carbajo, 2023. "The Effectiveness of Logical Distractors in an Online Module," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(1), pages 15-30, January.
    17. Qing Xie, 2022. "Applying Problem-Based Approach in Business English Courses for China’s English Majors," SAGE Open, , vol. 12(2), pages 21582440221, May.
    18. Cynthia Harter & Carlos J. Asarta, 2022. "Teaching Methods in Undergraduate Intermediate Theory, Statistics and Econometrics, and Other Upper-Division Economics Courses: Results From a Sixth National Quinquennial Survey," The American Economist, Sage Publications, vol. 67(1), pages 132-146, March.
    19. Peter Mikek, 2023. "A Flipped Classroom Experiment in Growth Theory," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 433-456, June.
    20. Diego Mendez-Carbajo & Keith G. Taylor & Mark A. Bayles, 2017. "Building a Taylor Rule Using FRED," Journal of Economics Teaching, Journal of Economics Teaching, vol. 2(1), pages 14-29, June.

    More about this item

    Keywords

    federal reserve economic data; data; diversity; inclusion;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • A22 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Undergraduate

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sae:amerec:v:68:y:2023:i:1:p:126-139. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: SAGE Publications (email available below). General contact details of provider: http://journals.sagepub.com/home/aex .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.