Fed Chairman Game Activity

[#1]

Fed Chairman game

(simulation, cooperative learning)

In the role of Chariman, students must make monetary policy decisions. Students will need laptops to do this in class.

• Follow-up questions could be asked using clickers.

[chiang]

This is a fun game to play in class. I liked the fact that there are lags built in to every decision, so policy changes do not immediately affect results, but may do so for several quarters down the road. Most of the time, the groups end up pushing the economy into near hyperinflation!