Unit |
5: Short-Run Economic Fluctuations | |
Title |
Open Market Operations - 2 Days | |
Objective |
Students will gain an understanding of Monetary Policy and the Role of the Federal Reserve in controlling the Money Supply. | |
Resources |
PowerPoint on Open Market Operations
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Activity |
Students will take notes from a PowerPoint lecture and participate in a discussion. Students will also be expected to complete worksheets over the effect of open market operations on the interest rate and the effect of crowding out on interest rates and ultimately the health of the economy. | |
Evaluation |
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Bloom's Taxonomy |
Creating -- can the student create new product or point of view? ex: assemble, construct, create, design, develop, formulate, write Evaluating -- can the student justify a stand or decision? ex: appraise, argue, defend, judge, select, support, value, evaluate >>>>Analyzing -- can the student distinguish between the different parts? ex: appraise, compare, contrast, criticize, differentiate, discriminate, distinguish, examine, experiment, question, test Applying -- can the student use the information in a new way? ex: choose, demonstrate, dramatize, employ, illustrate, interpret, operate, schedule, sketch, solve, use, write Understanding -- can the student explain ideas or concepts? ex:classify, describe, discuss, explain, identify, locate, recognize, report, select, translate, paraphrase Remembering -- can the student recall or remember the information? ex: define, duplicate, list, memorize, recall, repeat, reproduce state |
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