ERIC Number: EJ1074421
Record Type: Journal
Publication Date: 2015
Pages: 10
Abstractor: As Provided
ISBN: N/A
ISSN: ISSN-0022-0485
EISSN: N/A
Visualizing Data and the Online FRED Database
Méndez-Carbajo, Diego
Journal of Economic Education, v46 n4 p420-429 2015
The author discusses a pedagogical strategy based on data visualization and analysis in the teaching of intermediate macroeconomics and financial economics. In these short projects, students collect and manipulate economic data from the online Federal Reserve Economic Database (FRED) in order to illustrate theoretical relationships discussed in class. All the data collection and manipulation tasks are conducted through the FRED Web site. The author argues that as students locate and effectively use the quantitative information that they need to evaluate abstract concepts, they are in effect developing the connection between theories and empirical evidence that underpins the discipline of economics.
Descriptors: Economics Education, Databases, Data, Visual Aids, Teaching Methods, Macroeconomics, Learning Activities, College Instruction
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A