"Higher Rock Education is committed to providing free economic education to develop global understanding, compassion, & economic literacy"
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Our passion…economics education. Our mission…to provide online, supplementary economics lessons to young adults, while fostering an appreciation for the relevance of Christianity and economic principles. Our goal…to make learning enjoyable and interesting. How...by providing interactive exercises, videos, text, and relevant articles. Our classroom…anywhere with an internet connection. Our market…teachers, homeschools, schools, and anyone else interested in understanding economics.
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|Our Lessons Include:|
|Detailed Glossary of Economic Terms|
|Links to Relevant Articles and Resources|
Improvements in the U.S. economy have boosted consumer confidence to a 17 year high. The Conference Board released its Consumer Confidence Survey on November 29th. Economic growth exceeds 3% per quarter. Unemployment has fallen to its lowest level since 2000. Personal incomes are increasing. Inflation remains low. But economists are beginning to see signs we are nearing the end of the economy’s record expansion. Labor markets are getting tighter. This quarter the economy passed the Congressional MORE
President Trump nominated Jerome Powell as the next Chairman of the Federal Reserve on November 2nd. On Tuesday he testified before the Senate Banking Commission. It is very likely he will be confirmed by the Senate and replace Janet Yellen in February. Who is Mr. Powell? Why did President Trump choose him? Will his leadership change recent monetary policy? What challenges will he face? MORE
Review our past State of the Economy blogs and you will find a consistent message. Low unemployment should put upward pressure on the price level. It hasn’t. This morning I read this explanation in the Wall Street Journal. I think the blog explains the Federal Reserve’s dilemma and why the improvement in employment has not increased inflation yet. Note it MORE