Elgin Community College
Exploring Monetary Policy Decisions: A College Classroom Exercise part of Starting Point: Teaching and Learning Economics:Starting Point: Economics in Two-Year Colleges:Activities
Students working in small groups analyze press releases of the Federal Open Market Committee. In these press releases, students explore decisions made by the FOMC with the purpose of combating either recession or inflation by using the federal funds rate as a target and the traditional monetary policy tools. Students also identify the extraordinary crisis measures implemented to help the country recover from the great recession.