Description
The Econ Ed Mobile Learning App is a free app for iPhone, iPod touch and iPad developed by the St. Louis Federal Reserve Bank.
Economics is all about making wise choices as citizens, workers and consumers. 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!
Instructions
Use the app to…
- Investigate the cost of goods and services purchased in one year compared to 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 const of using credit.
- Interactive graphs
- Examine how month payments and time can affect the overall cost of using credit
- Play two challenging games to see how well you can estimate the cost of credit
Materials
Download from the app store. (for iPhone, iPod Touch and iPad)