“Recession” is one of the scariest words in economics. The loss of jobs and income can have lasting impacts on people’s lives. How does the economy get back on track when it’s off course? In this episode, learn about how the government uses fiscal policy to influence the economy.

Fiscal Policy

The Economic Lowdown podcast series is produced by the Economic Education department of the Federal Reserve Bank of St. Louis for high school and college students. The series covers topics in economics, banking and monetary policy. Episodes use clear, simple language to describe economic concepts. Students will benefit from seeing how economic principles affect the choices they make every day.

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In this episode of the Economic Lowdown podcast series, you’ll learn about how the Federal Reserve uses monetary policy to influence the economy.

Monetary Policy

This episode of The Economic Lowdown podcast series describes how businesses consider costs when making decisions – including about whether to shut down.

Costs of Production and the Shutdown Decision

Economists use the term business cycle to describe the ups and downs, or fluctuations, in an economy.

Fiscal Policy

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