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The Federal Reserve Bank of St. Louis is the center of the Eighth District of the Federal Reserve System. This District includes Arkansas, eastern Missouri, southern Illinois and Indiana, western Kentucky and Tennessee, and northern Mississippi.

Videos by FRED Blog

Economy Museum Virtual Tour

Come explore the museum from wherever you are! This full-length guided video tour of the museum allows you to see exhibits and watch videos previously available only within the museum. It’s a perfect virtual tour for students – especially those in middle and high school – as well for adults looking to explore the museum.

FUN FACTS:
-The Bank’s vault door weighs 45 tons.
-There are more than 7 million pennies, or 1 cent coins, made each year.
-Our gold bar weighs just under 28 pounds.

TEACHERS: Coming soon! Assign this virtual field trip to your elementary, middle and high school students using our free teacher portal: www.econlowdown.org. It’s the perfect tour for distance learning. After each segment (four total), students will take a quiz to test their knowledge.

MORE INFO:

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Economy Museum Virtual Tour, Part 4 | You and the Economy

#virtualfieldtrip #virtualtour #museum #museumfromhome

The Federal Reserve has a unique structure that helps provide a broad perspective on the economy in all parts of the nation. Learn how the Fed System works to achieve maximum sustainable employment and stable prices.

Next, explore how technology and trade have connected the world’s economies more closely than ever before, yet standards of living continue to vary from one nation to the next.

Finish off your tour with a look at our real gold bar.

FUN FACTS:
-Members of the Fed’s Board of Governors are nominated by the president of the United States.
-95% of the population in Egypt lives along the Nile River.
-Our gold bar weighs just under 28 pounds.

TEACHERS: Coming soon! Assign this virtual field trip to your

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Economy Museum Virtual Tour, Part 3 | How People Interact in the Economy

#virtualfieldtrip #virtualtour #museum #museumfromhome

Markets can be found everywhere, from international stock exchanges to agricultural markets to your local farmers market.
This segment of our virtual tour will guide you through these markets. Explore bartering and why money was created.
Wrap up with our Connections Theater video, “The Fed in Five.”

FUN FACTS:
-The U.S. imports more than 300 fruit products from more than 120 countries.
-Early forms of money took the shape of knives, axes and heavy plates.
-There are more than 7 million pennies, or 1 cent coins, made each year.

TEACHERS: Coming soon! Assign this virtual field trip to your elementary, middle and high school students using our free teacher portal: www.econlowdown.org. It’s the perfect tour for distance

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Economy Museum Virtual Tour, Part 2 | How People Make Economic Decisions

#virtualfieldtrip #virtualtour #museum #museumfromhome

How do you make economic decisions … like whether to take a family trip or buy a new phone? Your virtual tour guide Matuschka will take you inside the Federal Reserve Bank of St. Louis’ Economy Museum.
Learn about economic concepts like scarcity and opportunity cost that can help you make choices.

FUN FACTS:
-Economist Milton Friedman is credited with the saying, “There’s no such thing as a free lunch.”
-One in 10 U.S. jobs depends on travel and tourism.
-There is a direct relationship between more education and higher pay. The more education one has typically results in a higher wage.

TEACHERS: Coming soon! Assign this virtual field trip to your elementary, middle and high school students using our free teacher portal:

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Economy Museum Virtual Tour, Part 1 | Step Inside the Fed

#virtualfieldtrip #virtualtour #museum #museumfromhome

Families and kids, have you ever been inside a Federal Reserve building? Your virtual tour guides — Tom, Andrew & Matuschka — will take you inside the Federal Reserve Bank of St. Louis and the historic former teller lobby!

The St. Louis Fed is one 12 regional Reserve banks. We serve all or parts of seven Midwestern states and have branches in Little Rock, Louisville and Memphis. Our district, the Eighth Federal Reserve District, is home to industries including transportation, medicine, biotechnology and finance—along with lots of startups and small businesses.

FUN FACTS: -The Federal Reserve Bank of St. Louis’ current building opened in 1925. -The Fed shreds bills that are deemed no longer fit for circulation, and most shreds

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How a FICO Credit Score Is Determined (2020 update) | Continuing Feducation

#creditscore #education #personalfinance

A FICO credit score is the most common credit score used to determine loan eligibility and the interest rates a person pays. A credit score is a person’s financial story packed into a three-digit number, which indicates a person’s credit risk. Your credit score is based on information found in your credit report.
This video explains the categories FICO generally includes in calculating your credit score: Payment History; Amounts Owed Relative to Limits; Length of Credit History; Frequency of New Credit; and Types of Credit Used.
More from Econ Lowdown: https://www.stlouisfed.org/education/continuing-feducation-video-series/episode-1-understanding-how-a-fico-credit-score-is-determined

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Women in Economics 2021 Virtual Symposium | St. Louis Fed

#TeachEcon #WomeninEconomics #WomeninEcon
Learn how to make a difference in the world with economics! Join us virtually from 6-8 p.m. Feb. 17 & 18 for the 2021 Women in Economics Symposium: https://events.stlouisfed.org/wie2021

This free event is especially relevant for high school students, college students and educators. It’s open to anyone curious to discover how studying economics can provide tools to tackle real-life problems.

You will:
• Hear from some of the nation’s top economists.
• Learn how economics can help address challenges facing society, including income inequality, poverty, environmental issues and health care outcomes.
• Discover careers you can pursue by studying economics in college, as well as graduate school and beyond.
• Participate in smaller panel discussions

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Removing Data Series | How to Use FRED

This video walks users through five quick steps to remove a data series from a FRED graph. Edit a graph and select the line of data to remove to create a custom view. More: https://fredhelp.stlouisfed.org

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Formatting Graphs | How to Use FRED

This video shows all the changes available to make on a FRED graph—from selecting graph type (line, area, bar, scatter, pie) to recession shading, image sizing, chart titles and colors. More: https://fredhelp.stlouisfed.org

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Changing Units | How to Use FRED

This video teaches how to change units and other components on a FRED graph. Using the Consumer Price Index as an example, learn how to view changes from either a month or a year earlier. More: https://fredhelp.stlouisfed.org

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Changing Time Periods | How to Use FRED

This video shows how to set the observation period on a FRED graph. Customize charts by selecting different start and end dates. There are four handy ways to do this. More: https://fredhelp.stlouisfed.org

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How to Fill Out the FAFSA (2020) | Personal Finance 101

#personalfinance #economiceducation
To be considered for any type of aid — grant, scholarship, or loan — all aspiring post-secondary students must complete a FAFSA. This video walks you through the online Free Application for Federal Student Aid to show what information you’ll need to complete the FAFSA quickly and accurately.

-Online version at https://studentaid.gov/ or on the myStudentAid mobile app
-FAFSA on the Web Worksheet available at https://studentaid.gov/apply-for-aid/fafsa/filling-out

The FAFSA collects information about student demographics, school selection, dependency status, parent demographics and financial information.

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Interest on Reserves & Monetary Policy | #LetsFREDthat

#dataliteracy #teachecon #economics

Before the Great Recession, the federal funds rate was influenced by buying and selling relatively small quantities of Treasury securities in the open market. Now, the Federal Reserve uses the interest rate on reserves to influence the fed funds rate and steer it within its upper and lower target range limits. Learn how this works in this short video.

EDUCATORS – the Fed’s new monetary policy tools include interest on reserves and the overnight reverse repurchase agreement facility. Many of these recent changes are not reflected in resources for teaching monetary policy to college and high school students. We’ve compiled articles and guided reading activities you can use to teach the Fed’s new tools:

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How Did COVID-19 Affect Retail Sales and Employment? | #LetsFREDthat

#dataliteracy #economics
This short video uses the St. Louis Fed’s free economic database, FRED, to chart the impact of COVID-19 on U.S. retail sales and employment levels.

FRED graphs featured in this video include:
-https://fred.stlouisfed.org/graph/?g=y7bO
Advance Retail Sales: Food Services and Drinking Places; Advance Retail Sales: Food and Beverage Stores; and "CPIAUCSL" to adjust sales figures for cost of living.

-https://fred.stlouisfed.org/graph/?g=qVn9
To show the monthly percentage change in payroll employment across all service-providing industries since 1939.

-https://fred.stlouisfed.org/graph/?g=y7cT
The unemployment rate "UNRATE," which represents the number of unemployed as a percentage of the labor force.

-https://fred.stlouisfed.org/graph/?g=y7dN
The federal funds

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How Diverse Perspectives Improve Economics | 2020 Webinar

This Federal Reserve Education event (recorded Nov. 18, 2020) features Atlanta Fed President Raphael Bostic. He discusses how diverse perspectives can improve the economics field. Following Bostic’s keynote, a panel of notable participants answers audience and moderator questions:

-Betsey Stevenson, Professor of Public Policy and Economics, University of Michigan.
-Darrick Hamilton, Director, Institute for the Study of Race, Stratification and Political Economy; Henry Cohen Professor of Economics and Urban Policy, The New School.
-Marie T. Mora, Provost and Executive Vice Chancellor for Academic Affairs; Professor of Economics, University of Missouri-St. Louis.

Mary Suiter, Assistant Vice President and Economic Education Officer for the Federal Reserve Bank of St. Louis, moderates the

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Saving and Savings Goals | Explore Economics Sing-along (Grades 2-5)

#kidssongs #learningforchildren #financialliteracy

In Ep. 8 of this video series for elementary students, kids learn about income, spending, saving and savings goals. They are encouraged to save for the future. As an activity, they’ll draw a picture of a personal savings goal — such as a bike, a toy, a soccer ball, or something else — and can post the picture they drew near their piggy bank. Kids also learn a song about savings!

More: https://www.stlouisfed.org/education/exploring-economics-video-series/saving-and-savings-goals

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What Are Consumers and Producers? | Explore Economics Singalong (Grades 2-5)

#kidssongs #learningforchildren #financialliteracy
Ep. 7 helps kids understand that people are both consumers and producers.
-Producers make or grow goods and provide services. For example, a florist is a producer who makes pretty bouquets. A baker is a producer who cooks up yummy cakes, and a painter is a producer who creates artwork for us to admire.
-Consumers are people who buy or use goods and services to satisfy their wants. When you eat your dinner, you will be a consumer of food. You are also a consumer when you go to school. You are consuming knowledge.

Before we start, get a piece of construction paper, a pair of scissors, some markers or crayons, and a book that you are reading. Kids will become "producers" by making their own bookmark, and then be "consumers" by using the

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What Are Goods and Services? | Explore Economics Singalong (Grades 2-5)

#kidssongs #learningforchildren #financialliteracy
Ep. 6 helps kids understand that people buy and use both goods and services.
-Goods are objects that satisfy people’s wants. Pencils, scissors, paper, toys, candy, a bed, a hat and a bike are all examples of goods.
-Services are things people do for us that satisfy our wants. Getting your hair cut or ordering a meal are examples of services.

Make sure you have a piece of paper and some crayons or markers for this lesson. Kids will draw a picture of a good or service that starts with the first letter of their name. Then, they will write a sentence that describes the good or service they drew.

Kids also take a little quiz and learn a song about goods and services!

More:

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Grading Econ Lowdown Assignments in Canvas LMS (3/3)

#teachecon #dataliteracy #lms
In Part 3 of this webinar recorded Aug. 24, 2020, host David Perkis walks through how Econ Lowdown integrates with Canvas. He shows:
-How to grade short-answer questions when using Econ Lowdown reading Q&As.
-How to link and review FRED® Interactives, which include the St. Louis Fed’s powerful macroeconomic data service.
-How to include video Q&As, like those available in the Continuing Feducation series.
-How to perform a test reset for your students in one of Econ Lowdown’s acclaimed courses.

(Moderator Andria Matzenbacher helps field chat questions.)

Econ Lowdown offers over 400 no-cost teaching resources for elementary, middle, high school and college. Find resources on personal finance, macroeconomics, microeconomics, social studies, history and

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Grading Econ Lowdown Assignments in Canvas LMS (3/3)

#teachecon #dataliteracy #lms In Part 3 of this webinar recorded Aug. 24, 2020, host David Perkis walks through how Econ Lowdown integrates with Canvas. He shows: -How to grade short-answer questions when using Econ Lowdown reading Q&As. -How to link and review FRED® Interactives, which include the St. Louis Fed’s powerful macroeconomic data service. -How …

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Find & Assign Econ Lowdown Resources in Canvas LMS (2/3)

#teachecon #virtualclassroom #onlinelearning
In Part 2 of this webinar recorded Aug. 24, 2020, host David Perkis shows K-16 educators how to locate free Econ Lowdown resources in Canvas.

-Navigate to Assignments.
-Under Submission Type, Select External Tool.
-Choose Econ Lowdown.

The St. Louis Fed’s Econ Lowdown resource gallery offers 400+ (and growing) no-cost resources for teaching elementary, middle, high school and college. Find resources for personal finance, macroeconomics, microeconomics, social studies, history and more: https://www.econlowdown.org.

As an example, Perkis demos the Page One Economics® edition: “COVID-19’s Effects on the Economy and Fed’s Response.”

**Educators: Contact [email protected]** to get Econ Lowdown connected to your

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Find & Assign Econ Lowdown Resources in Canvas LMS (2/3)

#teachecon #virtualclassroom #onlinelearning In Part 2 of this webinar recorded Aug. 24, 2020, host David Perkis shows K-16 educators how to locate free Econ Lowdown resources in Canvas. -Navigate to Assignments. -Under Submission Type, Select External Tool. -Choose Econ Lowdown. The St. Louis Fed’s Econ Lowdown resource gallery offers 400+ (and growing) no-cost resources for …

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Add Econ Lowdown in Your School’s Canvas LMS (1/3)

#teachecon #virtualclassroom In Part 1 of this webinar recorded Aug. 24, 2020, host David Perkis of the St. Louis Fed’s economic education team demonstrates how to connect free resources from the Econ Lowdown teacher portal in Canvas. Econ Lowdown – https://www.econlowdown.org – gives instructors access to over 400 no-cost resources for K-16. Find resources for …

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Add Econ Lowdown in Your School’s Canvas LMS (1/3)

#teachecon #virtualclassroom
In Part 1 of this webinar recorded Aug. 24, 2020, host David Perkis of the St. Louis Fed’s economic education team demonstrates how to connect free resources from the Econ Lowdown teacher portal in Canvas.

Econ Lowdown – https://www.econlowdown.org – gives instructors access to over 400 no-cost resources for K-16. Find resources for personal finance, macroeconomics, microeconomics, social studies, history and more.

**Educators: Contact [email protected]** to get Econ Lowdown connected to your school/institution’s Canvas by Instructure LMS.

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Discussing Race and Inequality in the Classroom | 2020 Webinar

This Federal Reserve Education event (recorded Sept. 17, 2020) features economists who draw from years of teaching experience and research to share strategies for discussing race in the economics classroom, whether at the high school or college level. Gary “Hoov” Hoover gives the keynote presentation, “How does race fit into introductory economics courses?” Hoover is …

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Discussing Race and Inequality in the Classroom | 2020 Webinar

This Federal Reserve Education event (recorded Sept. 17, 2020) features economists who draw from years of teaching experience and research to share strategies for discussing race in the economics classroom, whether at the high school or college level.

Gary “Hoov” Hoover gives the keynote presentation, "How does race fit into introductory economics courses?" Hoover is professor and chair, Department of Economics at the University of Oklahoma, and serves as editor of the Journal of Economics, Race and Policy.

Panelists include Ebonya Washington, the Samuel C. Park Jr. Professor of Economics at Yale University; and Dionissi Aliprantis, senior research economist at the Federal Reserve Bank of Cleveland. It is moderated by Mary Suiter, St. Louis Fed economic education officer.

Educators,

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Differences between Nonprofit and For-Profit Colleges | Personal Finance 101

#personalfinance #college Are you considering continuing your education by attending a university, community, or technical college? In addition to public and private colleges and universities (which operate as nonprofit agencies) there are schools that operate for a profit, just like a private business. This video looks at some differences between for-profit and not-for-profit schools so …

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Differences between Nonprofit and For-Profit Colleges | Personal Finance 101

#personalfinance #college
Are you considering continuing your education by attending a university, community, or technical college? In addition to public and private colleges and universities (which operate as nonprofit agencies) there are schools that operate for a profit, just like a private business.

This video looks at some differences between for-profit and not-for-profit schools so you can start thinking about what might be best for you academically, professionally … and for your budget.

Educators, this is Episode 23 in our Personal Finance 101 Conversations series, titled "For-profit, Nonprofit, and Your College Options." More: https://www.stlouisfed.org/education/personal-finance-101-conversations/episode-23-for-profit-nonprofit-college-options

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The Fed in Five | A History of the Federal Reserve

#museumfromhome #museum Experience 100 years of Fed history in just five minutes! This video, which was only previously available inside our museum, takes a look back to the early 1900s to see why the Fed was created … and then flashes forward to see how the Fed has responded to different economic crises. Enjoy more …

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