Celebrate #FinLitMonth with us by finding ideas for you and your students!

Grade 9-12
,
Lesson

Just How Powerful is the Fed Chair?

Time: 90 mins,
Updated: December 28 2020,
Author: Amanda Stiglbauer, Scott Niederjohn
Teacher Version
Objective Standards Summary
Print

Objective

Students will be able to:

  • Explain how the tools of the Federal Reserve are used to influence monetary policy.
  • Judge the power of the Chair of the Federal Reserve Bank.
  • Evaluate how the Fed’s tools are used to alter interest rates, aggregate demand, and the inflation rate.

Standards

National Standards in Economics

State Standards

Common Core State Standards

Concepts

Federal Reserve, Interest, Monetary Policy
Subjects:
Economics,Social Studies

Related Resources

Grades 6-8, 9-12

Simple Interest Calculator

This Simple Interest Calculator helps you calculate the interest earned on your investment over a set period of time.
Key Concepts: Interest, Interest Rate
15 mins
Calculator

Grades 9-12

Analyzing CPI Data

In this economics activity, students examine and explain the role of the Consumer Price Index.
Key Concepts: Inflation, Monetary Policy
20 mins
Activity

Grades 9-12

Car Loan Calculator

In this personal finance activity, students use a car loan calculator to compare interest rates.
Key Concepts: Interest
20 mins
Activity

Grades 9-12

Compounding Your Savings

In this personal finance activity, students will identify the purpose of compound interest and how it works to build savings.
Key Concepts: Interest, Saving
20 min
Activity