Sunday, April 18, 2010

Fed Chairman Game


Check out this game created by the Federal Reserve. It deals with exactly what we are studying right now, monetary policy. The game puts you in the position of the Fed Chairman, and you must manipulate interest rates in order to balance unemployment and inflation. Click on the learn more button before playing. Investigate the Fed Toolkit and the other items in the help section. After this play the game. Give me a short summary of your strategy and how it went.

Sunday, April 11, 2010

Should Kids be Bribed to do Well in School?


Read this recent article from Time Magazine and respond. Should kids be bribed with money to succeed in school? I know that this one is a bit hard to swallow, but if it works, why not? Should it even be considered as an option? Let me know what you think.