Econ 162 - Monetary Policy

This advanced course examines how monetary policy operates in the United States during the 21st century, with particular focus on revolutionary changes in Federal Reserve policy. Students study theoretical models and historical events from the 19th century through modern times, using Ben Bernanke’s “21st Century Monetary Policy” as a foundation. The second half emphasizes practical application through group presentations modeled after the college Fed Challenge, where students analyze current economic conditions, forecast key variables, identify risks, and develop policy recommendations for the Federal Reserve. The course develops both analytical and communication skills essential for economics careers.