1. Knowing your economic indicators will help you get more out of the analyst webinar. Watch the following short videos and answer the accompanying questions.

The Fed Explains Inflation The Fed Explains the Unemployment Rate The Fed Explains GDP

  1. Compare a change in the cost of living to price changes caused by inflation. Explain why the Federal Reserve carefully watches inflation.
  1. Describe the characteristics of someone whose is considered unemployed and those without a job who would not be considered unemployed.
  1. Explain how GDP is calculated, what it measures, and how real GDP calculations may differ from potential GDP.
  1. Write at least two questions you could ask the analysts about economic indicators.
  1. Get to know the work of some of the analysts and their work.
  1. Ellyn Terry is a frequent contributor to the Atlanta Fed’s popular Macroblog. Read her postChances of Finding Full-Time Employment Have Improvedand compose two questions you would like to ask Ellie about her post, employment, and/or her work at the Fed.
  1. Sandra Ghizoni shows us working in research at the Fed doesn’t always mean studying economic indicators. Sandra was a big part of a new Fed museum in New Orleans. Read an interview with her at EconSouth - 3rd Quarter 2013 - Question & Answer and write two questions you could ask Sandra about the museum or her research.
  1. Taylor Kelley is an Atlanta native who worked at the Chicago Fed before coming home to Georgia. Taylor works on a variety of research topics. This paper from his time in Chicago contains one of your demand determinants. Take a look at Expected Income Growth and the Great Recession and see if you can think of two questions to ask Taylor about this research.
  1. The analysts work on some cutting edge projects here at the Atlanta Fed. Visit the following links to explore some of these projects. Write three questions you would like to ask about one or more of these projects.

The Inflation Project

The Center for Human Capital Studies

Small Business Focus

The Americas Center

Regional Economic Information Network

If you do not have electronic access to the hyperlinked text in this document, here are the URLs you can type into a browser.

The Fed Explains Inflation -

The Fed Explains the Unemployment Rate -

The Fed Explains Real versus Potential GDP -

Chances of Finding Full-Time Employment Have Improved -

EconSouth - 3rd Quarter 2013 - Question & Answer -

Expected Income Growth and the Great Recession -

The Inflation Project -

The Center for Human Capital Studies -

Small Business Focus -

The Americas Center -

Regional Economic Information Network -