| Overview |
| In this lesson, students will
explore transparency in monetary policymaking. Students
will participate in an activity that demonstrates the
reasons behind the FOMC’s move toward greater transparency,
actively read the September
2, 2005 Economic Letter,
and complete a student handout. |
| |
| Economic Concepts Covered
in the Lesson Plan |
- The Federal Reserve (the
Fed)
- The Federal Open Market Committee
(FOMC)
- Transparency
- Monetary Policy
|
| Student Objectives |
| Students will: |
- Understand the FOMC’s
commitment to providing the public with timely information.
- Understand why transparency
might make monetary policy more effective.
- Understand the history
of transparency within the Federal Reserve System.
|
| Time |
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| Materials |
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Ask
Dr Econ
