Fiscal & Monetary Policy
Define fiscal and monetary policy and highlight their differences.
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Lessons & Activities
46-60 min
Lecture Guide: How the Federal Reserve Implements Monetary Policy
OVERVIEW
This lesson teaches how the Federal Open Market Committee (FOMC) conducts monetary policy to achieve its dual mandate of promoting price stability and maximum employment. It reenforces the concepts by showing how the FOMC would respond to various economic shocks.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Alexander Hamilton & Central Banking
Learn about Alexander Hamilton's impact on the United States and central banking.
MODULES
31-45 MIN
Making Sense of the Federal Reserve
Introduce the structure of the Federal Reserve and the basics of monetary policy.
READING Q&A
16-30 MIN
Jargon Alert: Helicopter Money
Learn about a tool to stimulate economies and fight deflationary pressures.
LESSONS & ACTIVITIES
46-60 MIN
What Happens When the Federal Reserve Raises Interest Rates?
Demonstrate how a change in the target range for the federal funds rate transmits through the economy.
CURRICULUM UNITS
Teaching the New Tools of Monetary Policy
Resources for teaching the Fed's monetary policy tools in an ample-reserves framework.
