Meet an Economist from the Federal Reserve System
57:03
Grades: 9 - 12
Video Description: Explore the structure, purposes, and functions of the Federal Reserve System with David Andolfatto, Vice President and Economist for the Federal Reserve Bank of St. Louis. Learn why the Federal Reserve System was created and it’s role in the economy today. Discover how the Federal Reserve is structured and how it interacts with banks. Look closely at the nature of monetary policy and the tools the Federal Reserve has and does not have to affect economic growth and stability. Investigate inflation, what causes it, how it’s controlled, and its impact.
Type of Video: Program*
Unique Video ID: Economics-2**
Quick Ideas for Using the Video:
- Provide the video to students who are engaging in an independent project related to business.
- Use the video in a flipped learning activity and have students come to class prepared to share two insights gained by watching the video and one topic they would like to research more.
*Programs offer long form exploration of a topic(s) in the area of study with single or multiple guests interacting with an audience.
**The unique Video ID can be used to quickly locate a single video in the ET collection. This search function is designed to let teachers assign students to watch a specific video and have only that video appear as a search result. Just click on Search and choose “By Video ID.” Then type in the Video ID as it appears above. Be sure to include the dash.
