@scwolla

Assistant Vice President @stlouisfed. Economics instructor @WUSTLucollege. Opinions expressed here are my own. #TeachEcon #EconTwitter

 STL
research.stlouisfed.org/staff/wolla
Joined June 2009
  • Tweets2.9K
  • Following3.5K
  • Followers1.7K
220Media
Monetary policy has changed. Has your teaching? #TeachEcon #UpdateYourMacro stlouisfed.org/education/tea…

How Fed Policy Transmits to the Economy

In this activity, students participate in a demonstration showing how changes in monetary policy ripple through and move the economy toward the Fed’s goals of maximum employment and price stability.

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Jose M. Fernandez@UofLEconOct 15
Great post by @scwolla. 26% of college students take an economics course. For half of them, it is their first and last course. What do you want them to know? Only 2% of principles students become majors. We need to teach to the other 98% #teachecon stlouisfed.org/open-vault/20…

What – and How – Should We Teach in Principles of Economics?

About half of U.S. college students in their first economics course never take another one. A literacy-targeted approach focuses on making sure they understand core concepts well.

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St. Louis Fed
@stlouisfedSep 17
In a new episode of our Teach Economics podcast, Toronto Metropolitan University professor Eric Kam describes how “edutainment” helps him teach economics to hundreds of students at a time bit.ly/4xqZMEQ
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St. Louis Fed
@stlouisfedSep 20
The U.S. dollar is the world's dominant reserve currency, serving as a store of value, a medium of exchange and a unit of account. But what is a reserve currency? And how does a central bank use reserves in the global market? Find out more: bit.ly/4x4QY7q
Chart titled "The U.S. Dollar Is the Dominant Reserve Currency" shows the share of foreign exchange reserves from 2000 to 2024. The U.S. dollar leads, followed by the euro, Japanese yen, British pound, and Canadian dollar, with the Chinese renminbi at the lowest. Each currency is represented by a distinct colored line. Data source: IMF Currency Composition of Official Foreign Exchange Reserves dataset.

ALT Chart titled "The U.S. Dollar Is the Dominant Reserve Currency" shows the share of foreign exchange reserves from 2000 to 2024. The U.S. dollar leads, followed by the euro, Japanese yen, British pound, and Canadian dollar, with the Chinese renminbi at the lowest. Each currency is represented by a distinct colored line. Data source: IMF Currency Composition of Official Foreign Exchange Reserves dataset.

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How can metaphors make economics more understandable—and more memorable? In the latest #TeachEconomics podcast, I talk with journalist Peter Coy about using stories and metaphors to build intuition, engage students, and make complex economic ideas stick.
St. Louis Fed
@stlouisfedJul 24
Does storytelling have a place in the economics classroom? In this episode of Teach Economics: Journalist Peter Coy joins the St. Louis Fed’s Scott Wolla to discuss how good storytelling can help students make sense of the economy: bit.ly/4wYXnRY
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St. Louis Fed
@stlouisfedJul 26
In the latest episode of Teach Economics: Journalist Peter Coy joins host Scott Wolla to discuss how good storytelling can help students make sense of the economy. Coy draws parallels between journalism and teaching—offering practical advice for educators looking to capture students’ attention, tap into their curiosity and move beyond zero sum thinking bit.ly/4yIenOe
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St. Louis Fed
@stlouisfedMay 21
In this episode of Teach Economics, journalist and podcaster Stacey Vanek Smith discusses how storytelling can help students better grasp the meaning of complicated economic topics bit.ly/4dm98uP
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St. Louis Fed
@stlouisfedFeb 21
The Federal Reserve uses its balance sheet to help implement monetary policy. What might this look like in an ample-reserves regime? Find out in the latest Page One Economics bit.ly/4aGqO1I
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St. Louis Fed
@stlouisfedFeb 23
The Federal Reserve uses its balance sheet to help implement monetary policy. What might this look like in an ample-reserves regime? Find out in the new issue of Page One Economics bit.ly/4aGqO1I
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St. Louis Fed
@stlouisfedFeb 23
In a new episode of our Teach Economics podcast, University of Nebraska-Lincoln professor Sam Allgood explains the advantages of designing an economics course in reverse. Listen now: bit.ly/3OPV5ng
Two individuals engage in a conversation at a table, with a microphone between them. Sam Allgood smiles while being interviewed by Scott Wolla of the St. Louis Fed.

ALT Two individuals engage in a conversation at a table, with a microphone between them. Sam Allgood smiles while being interviewed by Scott Wolla of the St. Louis Fed.

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Saint Louis has been one of the most impressive teams in the country 👏 The only loss for the Billikens came off late game-winner 🤯
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KJ@KJScoutingJan 16
Saint Louis 6’6 Junior Kellen Thames has been one of the most underrated players in college basketball this season. Thames has been one of the biggest standouts on a 16-1 Saint Louis team averaging 10/6/2 and 2 steals a game in only 18 MPG. Thames is also shooting 72% from the field. Thames is one of the most impactful two way players in the country, he uses his elite athleticism and frame to make plays on both ends. Thames has a high motor and plays extremely hard, attacking passing lanes on defense, going after offensive, and defensive rebounds, and is an elite off ball player. Thames is also a skilled driver and passer who has the ability to create for himself and his teammates. Thames is also one of 2 players since 2008 to have a TS% of 70, an AST% of 20, and a STL% of 5.
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On the @stlouisfed Teach Economics Podcast with @scwolla, co-director @davidautor discusses his personal career trajectory in economics, his research on AI and expertise, and his advice for students and educators. stlouisfed.org/education/tea…

David Autor: The Human Side of AI

MIT economist David Autor joins the St. Louis Fed’s Scott Wolla to explore how AI is reshaping the labor market and technology as a collaborator in the classroom.

stlouisfed.org
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New episode of Teach Economics 🎙️ I talk with MIT economist @davidautor @MIT about the human side of AI: • Why AI won’t replace human judgment • How students can use AI as a collaborator, not a crutch Listen here 👉 stlouisfed.org/education/tea… #TeachEconomics #AI #EconEd
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A Fed analyst has found an unexpected ally in her mission to make economics engaging for students: pop superstar Taylor Swift. Here are three concepts she discussed in a recent webinar. bizjournals.com/stlouis/news…

St. Louis Fed offers lessons in 'Swiftonomics,' draws global audience

Cameron Tucker of the Federal Reserve Bank of St. Louis uses Taylor Swift's career to teach economic concepts such as scarcity and supply and demand.

bizjournals.com
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Had a great time interviewing John List for the Teach Economics podcast. We talked field experiments, curiosity-driven teaching, and how economics connects to everyday life. @UChi_Economics #TeachEcon @Econ_4_Everyone @stlouisfed
John A. List
@Econ_4_Everyone21 Aug 2025
I recently sat down with the wonderful @scwolla from the @stlouisfed to discuss field experiments, my background, teaching economics, science, and a host of other topics. You can find that podcast here: stlouisfed.org/education/tea…

John List: Inspiring Student Curiosity through Real-World Economics

In this episode, University of Chicago professor John List shares his unique approach to teaching economics.

stlouisfed.org
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I recently sat down with the wonderful @scwolla from the @stlouisfed to discuss field experiments, my background, teaching economics, science, and a host of other topics. You can find that podcast here: stlouisfed.org/education/tea…

John List: Inspiring Student Curiosity through Real-World Economics

In this episode, University of Chicago professor John List shares his unique approach to teaching economics.

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Can we teach monetary policy with a literacy targeted approach? Scott Wolla (@scwolla) helps us understand the process #JETSET25
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We’re proud to have the @stlouisfed as our Champion Sponsor of #JETSET25! Their commitment to economic literacy empowers educators across the country. Thank you for supporting open-access economics education! 👉 Learn more about JET SET: journalofeconomicsteaching.o…
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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
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How do imports affect GDP? It's more nuanced than you might think. The "D" in GDP is "domestic" -- by design the purchase of imported goods and services should have no direct impact on GDP. Read below for clarity. stlouisfed.org/publications/…

How Do Imports Affect GDP?

The current textbook treatment of how international trade is measured as part of GDP can lead people to misunderstand the role trade plays in the economy.

stlouisfed.org
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