Unit 4 · Lesson 2
🔁
The Boom and the Bust
Review the business cycle, expansion, peak, contraction, trough, recovery, recession, and leading indicators.
Business Cycle
Expansion
Recession
Indicators
Open Cycle Game →
2
Unit 4 · Lesson 3
📉
The Price of Everything
Review inflation, CPI, purchasing power, unemployment types, undercounting, and the Phillips Curve tradeoff.
Inflation
CPI
Unemployment
Phillips Curve
Open Inflation Game →
3
Unit 4 · Lesson 4
🏛️
The Government's Playbook
Review fiscal policy, expansionary and contractionary levers, the multiplier effect, taxes, deficits, and national debt.
Fiscal Policy
Multiplier
Taxes
Debt
Open Fiscal Policy Game →
4
Unit 4 · Lesson 5
🏦
The Fed
Review the Federal Reserve, monetary policy, the federal funds rate, money supply, interest rates, and the 2% inflation target.
Federal Reserve
Monetary Policy
Interest Rates
Money Supply
Open Fed Game →
5