Classroom activities for teaching Monetary Policy

I got lucky last week. I saw this tweet go by just in time to learn about some activities the I added to my unit on monetary policy.

It’s called the Monetary Policy Unit Plan

https://learn.mru.org/lesson-plans/monetary-policy-unit

I’m not using all of it, but it’s very helpful to see what other instructors have come up with to make teaching monetary policy more fun and more effective. You have to sign up to access it, using your official instructor email address.

It can feel relatively easy to talk to students about their role in the economy as consumers. It is relatively hard to lecture about central banking, because it is less relatable to everyday life. These exercises help us get into the “mind” of a bank.

Thank you to Econiful and Marginal Revolution University for making these resources available. There will probably be an equivalent for fiscal policy produced in the future.