What We Do - Federal Research Bank of Chicago
A FREE lesson plan for economics, government and history teachers. (Home schoolers also qualify)
Teachers can request a complimentary classroom lesson on what the Federal Reserve does, plus receive some real shredded money to emphasize the point. All you need to do is verify your school and shipping address using the "order now button" below.
“How the Fed Works” was created by the Federal Reserve Bank of Chicago to give economics teachers a hands-on activity to engage their students. Included is a DVD which provides an inside look at the role of the Fed, and an accompanying curriculum guide emphasizes key points teachers can highlight as students participate in scenarios to illustrate how prices, inflation, and ultimately monetary policy can affect their behavior and our economy’s well-being.
While the Federal Reserve can be a complex entity, its mission is simple: to help keep the U.S. economy running smoothly.
“The state of the economy, employment, and Federal Reserve policy are hot topics right now, and make for great classroom discussions,” said Cindy Ivanac-Lillig, economic specialist for the Federal Reserve Bank of Chicago. “But it can be difficult to explain to students in understandable language. We developed this packet to give high school instructors tools to complete a lesson that can help explain how the Federal Reserve serves our economy.”
Each kit contains several small bags of real shredded money to pass around the class.