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"The Federal Reserve is a
complex organization, and many Americans understand very
little about how it carries out its duties and impacts
their lives, let alone how it is evolving in the changing
environment. Yet, this understanding can contribute significantly
to public well-being and to the Federal Reserve’s
policy goals as well. The Federal Reserve has been long
committed to enhancing public understanding of its activities,
the economy, and the financial system through a variety
of outreach programs and educational materials."
- Janet Yellen, President, Federal Reserve Bank of San Francisco. |
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Open & Operating
Video Curriculum Now Available!
How the Federal Reserve responded to the events following September
11.
- What is the purpose of a central
bank?
- How
did an extraordinary
event challenge the infrastructure of the financial system?
- What role does the central bank
play in responding to a crisis situation?
This video-based lesson is designed to answer these
important questions and to provide teachers of history and
economics a flexible format in which to introduce the Federal
Reserve System. The video combines news footage and interviews
with Fed officials to illustrate and describe how the Fed functions
in the real world. The accompanying lesson plan addresses the
voluntary national content standards in economics and explains
concepts such as "liquidity," "monetary policy
tools," and the "payments system."
Through this curriculum, students will be able to:
- Identify the steps taken by the Federal Reserve System
to stabilize financial markets following the events of September
11;
- Define liquidity and its significance in providing a stable
economic environment in which individuals and businesses
conduct daily activities;
- Create graphic organizers depicting the actions of the
Federal Reserve in response to the events of September 11;
- Utilize visual graphic organizers to write a summary outlining
the benefits of a well-functioning central bank.
This package includes a video, lesson plans, discussion questions,
and classroom activities. Request
your FREE curriculum set now through Video Placement Worldwide
(VPW).
| Econ Ed and the Fed is a publication of the Federal
Reserve Bank of San Francisco. Reaching approximately
10,000 educators
throughout the western U.S., it’s provided as part
of the Fed’s
commitment to economic and financial education. Views
expressed are not necessarily those of the Federal Reserve
Bank of
San Francisco or the Federal Reserve System. Articles may
be reprinted or reproduced if the source is credited. Please
send a copy of the reprinted materials to the editor. |
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