These students are participating in programs sponsored by Federal Reserve banks and the Board of Governors. Education opportunities range from student competitions to curriculum units. Winning teams from each participating bank meet at the Board of Governors in Washington, D.C., for a play-off. Another Fed program pits teams of students against each other to see which team scores highest on a series of economics tests.
Students review team scores between rounds to strategize on how to approach the next test.
Some Reserve banks also sponsor an essay contest for high school students on an economics and banking issue. Teachers and students of all grade levels watch videos and read publications and curriculum materials published by Reserve banks. They also browse Fed Web sites for current economic data, information on monetary policy and even use calculators that adjust prices for inflation or find the redemption value of a savings bond. Several Reserve banks sponsor seminars for educators.