Learnings from the Federal Reserve

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Go to the Federal Reserve web site above. Surf that site, and note three things you learned about the Fed itself, the economy, the Fed’s relation to the economy, the Fed’s relation to other countries that interested you and that were new to you. The section on FAQ’s (frequently asked questions) is extensive, and provides much good information. In the Federal Reserve web site are links to the sites of the 12 district banks. There is much to learn there too. All provide summaries of economic conditions in their districts, and they publish other information that is good for use in education at all levels. For instance, the Minneapolis Fed’s Woodrow database contains many scholarly articles about the application of economic theory to economic policy. The San Francisco Fed has a section on economic education that includes a summary of the various schools of economic thought. Visit two of the District Banks’ web sites– the one for the district in which you live (find out from reading the site or from the main Fed site), and one from another area of the country that interests you. Here also, note three pieces of information: something about the current economic conditions in that district, and two other pieces of substantive information (from anywhere on the site) that provided new learning to you. It might be interesting to find out something about the people who run these banks, for example. Post your new learning in the appropriate place on the discussion forum. To help others read, you might label the sections: “Learning from the Federal Reserve site”; “Learning from District ___, ______”; and “Learning from District ___, __________.”