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Everyday Economics

The Federal Reserve

Through engaging infographics and approachable text, readers are introduced to the structure of the modern Federal Reserve and its important work serving the American people as it works to support a growing and stable economy.

Alexander Hamilton didn't just lend his name to the hit Broadway musical, but he was the voice behind the idea of central banking in the United States. Step back into the late 1700s to learn more about his impact on the United States.



Take a seat at the table: an FOMC simulation
In this lesson, students are given the opportunity to play the role of a Federal Reserve Bank president in a Federal Open Market Committee (FOMC) meeting by reading and evaluating the Beige Book. Small groups conduct a discussion of monetary policy and write a press release explaining their assessment of economic conditions.