Your job is to set monetary policy to achieve full.
Chair the fed game guide.
Chair the fed game videos in these videos dr.
See if you can achieve full employment and low inflation as chair of the fed.
Unemployment rates can be lowered by setting the federal funds close to or below the inflation rate.
Instructions for playing the game.
The goals are as follows.
Inflation 2 and unemployment 5.
Top tips for the fed chairman game.
A monetary policy game.
A monetary policy game.
Glenn rudebusch executive vice president director of economic research at the federal reserve bank of san francisco explains the economic model behind chair the fed.
Think you have what it takes to run our country s central bank.
The president of the united states has nominated you and the u s.
A monetary policy game.
Federal reserve bank of san francisco chair the fed economic strategy economic simulation monetary policy interactive game learn how monetary policy works by taking charge of a simulated economy.
Remember that the fed funds rate is the primary tool for monetary policy and is shown on the game screen green line in the chart area is initially set at 4 rate.
Or scroll down to learn more about the key variables in the game and how monetary policy influences the u s.
A monetary policy game.
Inflation can be lowered when the federal funds are set higher but this will also temporarily increase unemployment.