This was a very interesting post - I thought it was a great tool to help students learn how adjusting the Fed. funds rate can lead to changes in both the inflation and unemployment rate. I also enjoyed the fact that there was an Economic Dictionary that you could click on as a tool for understanding different Monetary policies better.
That was fun, until I was dismissed due to high inflation. Unemployment was lower then the target but I could not get the inflation rate back down after an oil crisis. This was an interesting way to see the interaction between the Federal Funds Rate, Unemployment, and Inflation.
That was an interesting game. When the value of the dollar unexpectedly decreased on me I just couldn't steer out of deflation. Definitely a good tool to learn more about the Fed's role in monetary policy.
This was a great learning tool as well as a fun game. I got the unemployment rate to decrease significantly below the normal 5 percent. I could not get the inflation rate to decrease back to a low and stable rate.
I enjoyed playing this fun yet education and helpful game. It could be a great assistant in helping students understand the interaction that unemployment, inflation and the federal funds rate all have. I was able to get unemployment to a consistent 1.5%, but inflation continued to rise significantly until I was dismissed.
It isn't everyday you come across a game where the objective is steering the US economy. It was different, but quite educational. I consistently had trouble keeping the inflation rate low and it always led to my dismal. Very fascinating seeing the close relationship between between the Federal Funds Rate, Unemployment, and Inflation.
7 comments:
This was a very interesting post - I thought it was a great tool to help students learn how adjusting the Fed. funds rate can lead to changes in both the inflation and unemployment rate. I also enjoyed the fact that there was an Economic Dictionary that you could click on as a tool for understanding different Monetary policies better.
That was fun, until I was dismissed due to high inflation. Unemployment was lower then the target but I could not get the inflation rate back down after an oil crisis. This was an interesting way to see the interaction between the Federal Funds Rate, Unemployment, and Inflation.
That was an interesting game. When the value of the dollar unexpectedly decreased on me I just couldn't steer out of deflation. Definitely a good tool to learn more about the Fed's role in monetary policy.
That was very fun. And it's amazing how easy the economy can get out of control when the Fed Funds rate swings.
This was a great learning tool as well as a fun game. I got the unemployment rate to decrease significantly below the normal 5 percent. I could not get the inflation rate to decrease back to a low and stable rate.
I enjoyed playing this fun yet education and helpful game. It could be a great assistant in helping students understand the interaction that unemployment, inflation and the federal funds rate all have. I was able to get unemployment to a consistent 1.5%, but inflation continued to rise significantly until I was dismissed.
It isn't everyday you come across a game where the objective is steering the US economy. It was different, but quite educational. I consistently had trouble keeping the inflation rate low and it always led to my dismal. Very fascinating seeing the close relationship between between the Federal Funds Rate, Unemployment, and Inflation.
Post a Comment