Federal Reserve Education

Econ Ed Mobile Learning App

Description Return to Resource List

Title

Econ Ed Mobile Learning App

Reserve Bank

St. Louis

Summary

The Econ Ed Mobile Learning App allows you to visualize and understand how inflation and the cost of credit can affect your spending and saving decisions. What you find may surprise you!

With the app, you can:

• investigate the cost of goods and services purchased in one year compared with another year;
• use interactive graphs to compare inflation rates at various points in our nation's history;
• examine how interest rates, monthly payments and time can affect the overall cost of using credit; and
• play two challenge games to see how well you can estimate the cost of credit and the price of goods and services over time.

The app is free to download.

Additional Information

Types
Online Course
Topic
Economics
Target Audience
General Public
Grade Level
5-8
Keywords
iPhone, App, inflation, interest, rate
Education Standards
Council on Economic Education (CEE) Standard 12 - Role of Interest Rates