For this Discussion Assignment you will:

Go to this website: Chair the Fed

This is a game called 'So You Want to Be In Charge of Monetary Policy'.

Click on the 'Play Game' icon and then read the directions very carefully.

Play the game at least one full time (16 quarters).

When you are finished, you will see whether or not you are reappointed as the Fed Chair.

Once you have played the game, write reactions here including:

Were you reappointed?

What was your strategy - did you change the Funds rate and if so, did you vary it a great deal or not very much, etc.

Were the results what you expected?

You can also click on the icon 'Learn More' to read more about the Fed's Toolkit and Monetary Policy.