Name:
Period:
Economic Policy Making
The Fed Homework
Student Directions: The Fed Chairman Game Due 4/4/15
1. Go to http://frbsf-education.org/chairman/
www.frbsf.org } education } Fed Chairman Game
2. Click the screen to begin.
3. Click on Learn More
4. Click on Policy in Depth.
5. Click on What are the goals? And view the clip. Answer all questions
on a separate sheet of paper
6. Click on Who sets the policy? And view the clip.
7. Click on the Fed Toolkit to view Tight or Easy Monetary Policy. What do
they mean when they say tighten or ease monetary policy?
8. Check out the Economic Dictionary if you want clarification of any
terms.
9. Click Start Over and then Play Game. Read the directions on the left
of the screen.
10. On the back of this worksheet
Choose two of the headlines to draw an AD/AS graph and a Money
Market graph. Record the headline – draw the situation on both
graphs, record your action and why – draw the shifts on both graphs
11. What did you learn?