How are the money supply and inflation related? And what does the Federal Reserve have to do with this relationship? Episode 1 of the Feducation video series reviews the functions of money, features an interactive auction that demonstrates the relationship between the money supply and inflation, then utilizes a simple equation to show how changes in the money supply affect the economy. The video also describes how the Fed uses monetary policy to achieve its dual mandate of maximum employment and price stability.

This 4-minute video lesson discusses the basics of hyperinflation. It looks at Weimar Germany, Hungarian Pengo and the Zibabwean Dollar. [Core Finance playlist: Lesson 172 of 184]

This 3-minute video lesson explains why there tends to be moderate inflation during good economies. [Core Finance playlist: Lesson 161 of 184]

This 3-minute video lesson looks at inflation and real and nominal return. [Core Finance playlist: Lesson 163 of 184]

This 4-minute video lesson looks at the relation between nominal and real returns and inflation. [Core Finance playlist: Lesson 165 of 184]

This 3-minute video lesson looks at how a supply shock can cause prices to rise and the economy to stagnate. [Core Finance playlist: Lesson 162 of 184]

“Recession” is one of the scariest words in economics. The loss of jobs and income can have lasting impacts on people’s lives. How does the economy get back on track when it’s off course? In this episode of The Economic Lowdown podcast series, you’ll learn about how the government uses fiscal policy to influence the economy.

Students learn that money is a medium of exchange that facilitates economic activity. Next, students learn the relationship between the money supply and inflation by participating in an inflation auction using gold and silver notes to better understand the historic debate of the Free Silver Movement. Students then read William Jennings Bryan's "Cross of Gold" speech to relate the historical context. The students use historical data to calculate income, fixed expenses, and variable expenses of a farmer to further understand the historical argument presented by the Free Silver Movement. Finally, students analyze two political cartoons against the Free Silver Movement. This lesson includes primary source documents obtained from FRASER¨.

How is the total value of all the goods and services produced in a country's economy measured? Gross domestic product (GDP) is one common and fairly comprehensive measure. The May 2013 issue explains GDP components and how GDP is calculated. It also describes what GDP does—and does not—measure.

Do you know the difference between nominal and real interest rates? If you're not sure, then it's time to "get real" about interest rates. In this episode of The Economic Lowdown, you will learn how inflation influences the real return on your deposits, how it impacts borrowers and lenders differently, and why price stability—a responsibility of the Federal Reserve System—is important.

All inflation isn't bad—a moderate amount can signal a healthy economy. But high inflation, such as that during the Great Inflation, can lead to a vicious cycle where expectations of higher inflation lead to further increases in the price level. Read the October 2012 issue to find out what caused the Great Inflation, how tough (and painful) policy brought it to an end, and two key lessons learned.

In this course, superhero Jack of All Trades and his sidekick Andy are confronted by a villain that threatens to disrupt society and rob the world of the certainty people have come to expect. And this dastardly villain is...Inflation. Jack and Andy time travel to the period known as The Great Inflation to discover the truth about inflation. With the help of Dr. Equilibrium, professor of economics, they learn that inflation is the result of too much money chasing too few goods and that the Federal Reserve System plays a key role in maintaining stable prices.

Healthcare Finance (15.482x) provides students with the background, resources, and framework to influence the healthcare industry. Topics include applying financial techniques such as portfolio theory, securitization, and option pricing to biomedical contexts to develop more efficient funding structures to reduce financial risks, lower the cost of capital, and bring more life-saving therapies to patients faster.
As part of the Open Learning Library, this course is free to use. You have the option to sign up and enroll if you want to track your progress, or you can view and use all the materials without enrolling.

Want to learn about the Federal Reserve? Have no fear! In Plain English describes the structure and functions of the Federal Reserve System in an easy-to-understand interactive format.

Inflation is a increase in the general price level of goods and services in an economy over a period of time

In this 5 minute video, students will examine what inflation is and how it can affect consumers and producers. This video will aid in mastery of standard EPF. 5 (b)

The fourth episode of our podcast series, The Economic Lowdown, discusses three aspects of inflation: what it is, what causes it and how it is measured. The episode also addresses related topics such as deflation, disinflation and the role of the Federal Reserve in monitoring inflation.

This Summer 2021 issue of Page One Economics describes how to think about stable prices, how inflation has evolved in recent years, how the relationship between inflation and employment is changing, and what the Federal Open Market Committee (FOMC) has recently stated about its strategy to meet its price stability goal.