The Story of Monetary Policy
Understand the importance of monetary policy and the Federal Reserveās key responsibilities.
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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.
The Story of Monetary Policy
Understand the importance of monetary policy and the Federal Reserveās key responsibilities.
Monetary Policy, Part 1: The Fed and the Dual Mandate
Explain how the Fed adjusts a target range for the federal funds rate.
The Fed's New Monetary Policy Tools
Explore the new monetary policy tools of the Fed.
Minding the Output Gap: What Is Potential GDP and Why Does It Matter?
This issue of Page One EconomicsĀ® explains how the output gap is useful for checking the health of the economy.
Fiscal vs Monetary Policy
Learn about fiscal and monetary policy.
Teaching the New Tools of Monetary Policy
Resources for teaching the Fed's monetary policy tools in an ample-reserves framework.
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