Fiscal & Monetary Policy
Define fiscal and monetary policy and highlight their differences.
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Lessons & Activities
46-60 min
Removing the "Punch Bowl": Inflation and the Federal Reserve's Use of Contractionary Monetary Policy
OVERVIEW
This lesson focuses on contractionary monetary policy by analyzing a 1955 primary source speech of Federal Reserve Chair William McChesney Martin Jr. Students develop critical thinking skills through this primary document analysis and develop data literacy skills through FRED® graph analysis.
Related Resources
INFOGRAPHICS & COMICS
VIDEO Q&A
0-15 MIN
Alexander Hamilton & Central Banking
Learn about Alexander Hamilton's impact on the United States and central banking.
MODULES
31-45 MIN
Making Sense of the Federal Reserve
Introduce the structure of the Federal Reserve and the basics of monetary policy.
READING Q&A
16-30 MIN
Jargon Alert: Helicopter Money
Learn about a tool to stimulate economies and fight deflationary pressures.
LESSONS & ACTIVITIES
46-60 MIN
Lecture Guide: How the Federal Reserve Implements Monetary Policy
This lesson teaches how the Federal Open Market Committee (FOMC) conducts monetary policy.
CURRICULUM UNITS
Teaching the New Tools of Monetary Policy
Resources for teaching the Fed's monetary policy tools in an ample-reserves framework.
