ECONOMICS EDUCATOR: COURSES, CASES & TEACHING eJOURNAL

"Using FRED Data Series to Improve Learning Outcomes in Economic Courses: From Student to Practitioner" Free Download

DARSHAK PATEL, University of Tennessee, Martin
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JAMES W. SAUNORIS, Eastern Michigan University
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This paper describes active learning strategies using the FRED Excel based application to help bridge the gap between theory and empirics. The recent FRED Excel based application permits students to easily collect, manipulate, and plot macroeconomic data. It also allows students to use this information to validate and reinforce the theoretical models discussed in class. For illustrative purposes, we provide some sample assignments specific to intermediate and principle level macroeconomic classes. We promote a learning-by-doing strategy as an effective way to improve learning outcomes in undergraduate economic classes.

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About this eJournal

This eJournal is devoted to advancing the scholarship of teaching and learning economics encouraging contributors to combine ideas in economics with current ideas about teaching and learning, in a way that is public, open to critique, and in a form on which others can build in a timely manner. Unlike refereed journals, this electronic journal does not subject submissions to review but will publish abstracts as works in progress with links to the full-text working papers in the SSRN database. Eligible submissions could provide descriptions of innovative courses, case studies, student activities and other teaching materials and information related to the manner in which economics is taught or its teaching assessed at the post-secondary level. (Note: Suitable material submitted to the Journal of Economic Education (http://www.Indiana.edu/~econed) will be considered automatically for inclusion in Economics Educator, thus, giving potential JEE authors worldwide visibility for their work during the extensive JEE refereeing and editorial process.)

Editor: William Walstad, University of Nebraska at Lincoln

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ERN SUBJECT MATTER EJOURNALS

MICHAEL C. JENSEN
Social Science Electronic Publishing (SSEP), Inc., Harvard Business School, National Bureau of Economic Research (NBER), European Corporate Governance Institute (ECGI)
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Advisory Board

Economics Educator: Courses, Cases & Teaching eJournal

SAM ANTHONY ALLGOOD
Associate Professor of Economics, University of Nebraska at Lincoln - Department of Economics

WILLIAM L. GOFFE
Associate Professor of Economics, SUNY Oswego - Department of Economics

PAUL W. GRIMES
Dean, Kelce College of Business, Pittsburg State University, Emeritus Professor of Economics, Mississippi State University - College of Business

KIMMARIE MCGOLDRICK
Professor of Economics, University of Richmond - E. Claiborne Robins School of Business

MICHAEL W. WATTS
Professor of Economics and Director of the Center for Economic Education, Purdue University - Department of Economics