Scott Wolla's Avatar

Scott Wolla

@scwolla.bsky.social

Economic education officer @stlouisfed.bsky.social. Adjunct instructor @ Washington University in St. Louis. Textbook co-author. Opinions are my own. #TeachEcon #Econ4Life @economicsforlife.bsky.social

202 Followers  |  269 Following  |  17 Posts  |  Joined: 20.11.2024  |  1.5847

Latest posts by scwolla.bsky.social on Bluesky

Had a great time at #CTREE2025 hanging out with dedicated, creative econ educators. Loved sharing ideas and presenting on the Literacy-Targeted approach to teaching economics. Big thanks to everyone who made it such a fun and inspiring few days! #TeachingEcon #EconEd

01.06.2025 16:15 โ€” ๐Ÿ‘ 3    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Thanks, I appreciate it, and thanks for using @stlouisfed.bsky.social resources.

20.05.2025 23:33 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Donโ€™t know how often he pops in here but I want to thank @scwolla.bsky.social and the St. Louis Fed for all the great stuff they have there for AP Micro. Teaching Micro for the first time ever in the Fall and they have just a ton of good stuff for both Micro and Macro. Great job to those folks.

20.05.2025 23:00 โ€” ๐Ÿ‘ 1    ๐Ÿ” 1    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 1
Pareto-Improving Outcomes Pareto-Improving the Principles Course Both Micro/Macro Economics for Life use a literacy-targeted (LT) approach to teaching principles, which traces back to Nobel Prize winner George Stigler. ...

Most students take just one econ course. A Literacy-Targeted approach meets their needsโ€”focusing on fewer concepts they can actually use.

The best part? It doesnโ€™t hurt econ majors.

That makes it Pareto improving: better for most, worse for none.
Learn more: economicsforlife.ca/pareto-impro...

10.05.2025 17:26 โ€” ๐Ÿ‘ 5    ๐Ÿ” 2    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Economics for Life โ€“ Educating economically literate citizens Flexibility for Instructors Economics for Lifeย covers all the of content of a traditional principles course, but with options others texts do not have. Economics for Lifeย use a literacy-targeted (L...

The Literacy-Targeted approach emphasizes mastering core economic concepts rather than exposing students to a wide range of theories and techniques they are unlikely to use. As such, LT instruction ensures that students can apply economic reasoning in real-world contexts.
economicsforlife.ca

10.05.2025 17:29 โ€” ๐Ÿ‘ 4    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

It's Financial Literacy Month! ๐Ÿ’ธ
Why does personal finance education matter?
Because informed choices today shape financial futures tomorrow.

Check out my latest blog post via bsky.app/profile/stlo... โฌ‡๏ธ

www.stlouisfed.org/open-vault/2...

#FinancialLiteracy #PersonalFinance #FinEd

24.04.2025 10:22 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Preview
Teach Economics: If Students Only Take One Econ Course, What Should They Learn? In this episode, Wendy Stock, a professor of economics at Montana State University, talks with St. Louis Fed Economic Education Officer Scott Wolla about how her own curiosity led her to economics and...

New Teach Economics pod is out! ๐ŸŽ™๏ธ
Wendy Stock from Montana State shares why she tosses the syllabus on Day 1โ€”and asks students what they care about. Then she shows how econ helps explain it all. A powerful approach to teaching through curiosity.

๐ŸŽง Listen here: www.stlouisfed.org/education/te...

17.04.2025 10:51 โ€” ๐Ÿ‘ 1    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Preview
High School Resources for Teaching Personal Finance The Economic Education team at the St. Louis Fed has hundreds of free, award-winning resources for teaching personal finance, including active learning lessons, videos and much more.

๐Ÿ“ข April is #FinancialLiteracyMonth!

Celebrate by exploring free, high school personal finance lessons from the @stlouisfed.bsky.social . From budgeting to investing, these resources help students build essential money skills.

Check them out ๐Ÿ‘‰ www.stlouisfed.org/education/hi...

01.04.2025 11:45 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

If students only take one economics course, what should they learn? In this podcast, Professor Cohen shares his thoughts and experiences. There may or may not be tips for his current ECO105 students, but it's worth a listen either way. www.stlouisfed.org/education/te...

14.03.2025 18:40 โ€” ๐Ÿ‘ 3    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Preview
Teach Economics: If Students Only Take One Econ Course, What Should They Learn? Avi Cohen, a professor at York University in Toronto, Canada, discusses the value of the literacy-targeted approach to economics instruction.

Professor Avi J. Cohen joins me to discuss literacy-targeted teachingโ€”fewer concepts, deeper learning, and better outcomes for all students.Donโ€™t miss this convo on making econ more accessible & impactful!
www.stlouisfed.org/education/te...

14.03.2025 17:39 โ€” ๐Ÿ‘ 3    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 1
Post image

The St. Louis Fed economic education team is passionate about making economics and personal finance accessible to learners everywhere. From interactive modules and videos to active learning lesson plan, weโ€™re helping instructors engage their students with real-world economics. Check out our impact:

03.03.2025 22:03 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

Next #ASSA2025 session, focusing on the National Content Standards for Economics

04.01.2025 18:16 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

#ASSA2025

03.01.2025 15:55 โ€” ๐Ÿ‘ 0    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Preview
Everybody Loves FRED: How America Fell for a Data Tool From Facebook political debates to college classrooms, the St. Louis Fedโ€™s data tool has gained a major following.

And of course, donโ€™t forget that FRED is a great teaching tool. #TeachEcon
www.nytimes.com/2024/12/06/b...

07.12.2024 01:11 โ€” ๐Ÿ‘ 8    ๐Ÿ” 0    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 1
Preview
Everybody Loves FRED: How America Fell for a Data Tool From Facebook political debates to college classrooms, the St. Louis Fedโ€™s data tool has gained a major following.

An adorable love letter to every economist's best friend, FRED.

06.12.2024 16:28 โ€” ๐Ÿ‘ 44    ๐Ÿ” 11    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 3
Preview
Everybody Loves FRED: How America Fell for a Data Tool From Facebook political debates to college classrooms, the St. Louis Fedโ€™s data tool has gained a major following.

This is a beautiful jobs-day love letter to FRED, without which #EconSky (and, especially, #NumbersDay) would not be possible. From @jeannasmialek.bsky.social:
www.nytimes.com/2024/12/06/b...

06.12.2024 12:59 โ€” ๐Ÿ‘ 96    ๐Ÿ” 26    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 4
Preview
Learning and Earning Digital Badges The St. Louis Fedโ€™s digital badging programs present learners with opportunities to demonstrate their expertise in monetary policy and data literacy.

Did you know that the St. Louis Fed has issued over 20,879 digital badges ๐Ÿ… to recognize adults who have learned about FRED, data literacy ๐Ÿ“Š, diversity ๐ŸŒŽ, monetary policy ๐Ÿ’ฐ, and budgeting ๐Ÿ’ธ?
We're committed to making economics accessible to all

www.stlouisfed.org/education/di...

04.12.2024 00:43 โ€” ๐Ÿ‘ 7    ๐Ÿ” 4    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Preview
AI and the Future of Work: Opportunity or Threat? This article describes how AI works and how it could impact industries, create new opportunities, and transform job tasks across skill levels.

AI and the Future of Work: Opportunity or Threat? #TeachEcon
www.stlouisfed.org/publications...

03.12.2024 16:31 โ€” ๐Ÿ‘ 4    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

Monopolistic Competition #TeachEcon

25.11.2024 02:03 โ€” ๐Ÿ‘ 3    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Hi Sam, the key here is that the Fed has lowered the reserve requirement to zero, so mathematically the money multiplier is no longer definable.

24.11.2024 16:23 โ€” ๐Ÿ‘ 1    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
Preview
Federal Reserve Bank of St. Louis As part of the Federal Reserve System, the St. Louis Fed works to promote a healthy economy and financial stability.

๐Ÿ“ˆ The St. Louis Fed Research Division has a brand new web experience!ย www.stlouisfed.org is now your one-stop shop for all things economic.
- Cutting-edge researchย ๐Ÿ”
- Expert commentaryย ๐Ÿ—ฃ๏ธ
- Data: FREDย ๐Ÿ“Š
- EconLowdownย ๐Ÿซ
- History: FRASERย ๐Ÿ“œ
- Fed History
#FRED #FRASER #EconEd #FedHistory

23.11.2024 17:58 โ€” ๐Ÿ‘ 10    ๐Ÿ” 2    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0
Post image

R.I.P. Money Multiplier

www.stlouisfed.org/publications...

24.11.2024 03:35 โ€” ๐Ÿ‘ 2    ๐Ÿ” 0    ๐Ÿ’ฌ 1    ๐Ÿ“Œ 0
Post image

#Disinflation

22.11.2024 23:27 โ€” ๐Ÿ‘ 2    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

Important work for teaching macroeconomics.

22.11.2024 21:13 โ€” ๐Ÿ‘ 10    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

This is an excellent resource for anyone teaching macro! Most principles and intermediate textbooks still teach monetary policy implementation the way it was conducted before 2008. In my intermediate macro course at WashU I ditch the textbook when it comes to MonPol and use Scott's materials

22.11.2024 13:31 โ€” ๐Ÿ‘ 11    ๐Ÿ” 2    ๐Ÿ’ฌ 2    ๐Ÿ“Œ 0
Preview
Teaching the New Tools of Monetary Policy in an Ample-reserves Framework Educators can use these resources when teaching the Federal Reserveโ€™s new monetary policy tools in an ample-reserves framework to college and high school students.

Monetary policy has changed. Has your teaching? #TeachEcon
www.stlouisfed.org/education/te...

22.11.2024 12:24 โ€” ๐Ÿ‘ 34    ๐Ÿ” 8    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 5
Preview
Choosing to Bring Economic Education to More Students Many students will have at most one economics course, but the discipline can inform a lifetime of decisions. What are some good ways to introduce the subject?

How do economists find economics? And what does it tell us about how to attract more students? Read what weโ€™ve learned through our interviews on the Teach Economics podcast, featuring Justin Wolfers, Greg Mankiw, Daryl Fairweather, AnnaMaria Lusardi and others!
www.stlouisfed.org/open-vault/2...

22.11.2024 12:22 โ€” ๐Ÿ‘ 3    ๐Ÿ” 1    ๐Ÿ’ฌ 0    ๐Ÿ“Œ 0

@scwolla is following 20 prominent accounts