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.
47 comments:
I did amazing never passed over 1% of the max rates maybe i should run the U.S. economy
i did terrible, got dismissed every time. good thing im not running the economy
Hannah Neitzke
period 2
I did horrible! haha. I got dismissed at the end every time too. Oh well! :)
I was dismissed every time.
Wow, that was pretty difficult. I got it after 3 or 4 tries. It just takes time to get used to the delay.
Running the Fed is not for me...
I did very badly! I was dismissed every time.
first time was absolutely terrible but the second time they called me a fed guru lol
I got fired, then I got my Dad to help me and he got me fired too!
My first try was terrible, but after a while, I got the hang of it, but didn't do much better
I will never run this country's economy. I was dismissed at the end of every game.
i did horribly! i was dismissed at the end of every game.
I was reappointed on my first try :D
umm.. good thing this is hypothetical. otherwise we'd all be unemployed. :/ haha or maybe we'll all just be "discouraged".
dismissed every time
i never want to have this job.
Adriane Joseph
2nd period
Ok.... I sucked! See! This is why I will NOT be an economist. Everyone should be thankful I do not have any plans to run the economy. If I did, we would all be screwed!
Well the first time i was reappointed and the second time i was disissed... Go figure. Needless to say i shouldn't be running this economy any time soon.
I suck at this game. The first time I played it was difficult to understand what was going on. The second time I thought I understood it enough but I still got dismissed. I'm going back to playing Modern Warfare 2 now.
I got fired the first time, but I got reappointed on my 3rd try.
omg i was fired or dismissed however you want to call it every time. i don't like this game :( lol jk. but yea definitely would not want this job i would totally kill the eco. (i like the little notes they had there though.)
Karen Pasay-An >.<
2nd period
Took me about twenty tries or so, but eventually I saved the country. They better invent the re-do button for real life before appointing me.
I failed about 7 times in a row, but I'm kind of addicted and I want to win!! Thanks Pye...
I tried doing this thing about 10 times and I just could not get the hang of it. I got dismissed at the end of every trial i ran. I am so glad I am not running the economy. The dilemma that the Fed faces is hard- they cannot appease both the unemployment rate and the inflation rate.
-Stanley Verghese, 7th period-
i'm such a beast at this game! NOT
OK, here's the deal. I never lose. I'm either winning or quitting because its unfair. I quit every single time. Who cares about deflation anyway?!?!?!? It means you can buy more stuff!!!!
Haha I had really bad inflation so I set the Fed Funds Rate so high it went off the page. Then just when I got the inflation under control I was fired. :(
I WON! not.
i played 3 and got dismissed
I didn't get the hang of it at first but after a couple of tries, I got reappointed.
i got dismissed sadly :(
this did not go well, i was dismissed both times. the first i did somewhat decent, i at least kept unemployment down. but the second time was a disaster.
chelsea norcom
period 2
I tried 3 times. The first two, I got dismissed for high inflation even though I was trying to make the economy tighter the second time. The third time deflation was ridiculous, I set the Federal Funds rate at 0, but there was nothing else I could do.
Chris Rocha
7th Pd.
I did poorly. I got dismissed every time! I tried to follow the advice it gave me about increasing the Federal Funds Rate to decrease inflation, and decrease it to decrease unemployment, but it was hard to keep the rates to stable. It's tough to run the economy.
Khushboo Kamnani
2nd period
The first three times I was dismissed, and then on my fourth, not only did the market crash, but I was reappointed as a "Fed guru". Needless to say, I will not be running the economy anytime soon. It was fun, though.
7th Period
I got dismissed every time!I'm definately not fed-material...
No matter what I did I kept getting dismissed. Hard to control the unemployment while keeping the inflation down. Eventually got into negative inflation which was bad as well.
I actually did really well. I was reappointed the very first time. I might be less than stellar in economics class, but outside i have skill :)
Jana Walters
Period 7
I don't like this game! I can't win. i was dismissed every time. booo
I did horrible, and overcompensated almost every time. Obviously, running the economy is not for me.
man i got dimissed i did horrible!
I AM A BEAST FED GURU REAPPOINTED!
Edward Cruz
period 2
I did really bad as well... I don't think I'm cut out to run the economy. Posioning the minds of innocent teenagers in school is more my style.
Mary Churay
7th period
Plants belonging to the Hoodia family are African cacti. But at UniqueHoodia you might experience a unique story. But, no matter how much the public admires their efforts, many are just not willing to wait for their pure hoodia p57 products to hit the market.
Hi there it's me, I am also visiting this website regularly, this site is actually nice and the people are actually sharing nice thoughts.
Look at my web blog - Diets that work fast for women
my site :: easy diets that work
In fact no matter if someone doesn't understand afterward its up to other viewers that they will assist, so here it occurs.
My web page; easy diets that work
You really make it seem so easy with your presentation but I find
this matter to be actually something which I think I would never understand.
It seems too complicated and very broad for me. I am looking forward for your next post,
I'll try to get the hang of it!
My webpage; Garcinia Cambogia Supplement
Link exchange is nothing else but it is only placing the other person's blog link on your page at appropriate place and other person will also do same in support of you.
My page ... legal ecstasy
e cigarette, e cig forum, e cigarette reviews, ecigs, electronic cigarette, e cigarette
Post a Comment