Economics: Monetary Policy Simulation

Over the course of the semester, Economics faculty have coordinated with top economists at the Federal Reserve Bank of San Francisco to train some 40 CSULB students on monetary policy formulation. Eight groups 5 students each will play the role of Federal Open Market Committee (FOMC) making U.S.monetary policy. The students have prepared debates on key aspects of U.S. economy and, at the end of their debate, will vote to determine the future of U.S. monetary policy (changing short term interest rates or money supply). Experts from the Federal Reserve Bank of San Francisco also will present on the current state of U.S. economy and the federal Reserve’s forecasts on important macroeconomic variables.

For  a copy of the agenda and/or more details contact Andrew Ojede, Ph.D., Assistant Professor of Economics [aojede@csulb.edu]