The Boston Fed has long been a source of quality economic and financial education programs for students in middle school and above, and for a variety of adult audiences including teachers, business groups and community organizations. In 2013 we started thinking about how we could increase the impact and reach of our education efforts, and consequently, we decided to change our focus from emphasizing knowledge gain to influencing positive changes in financial behavior. As a result, effective fall 2014, the Bank no longer offers "live" programs for students and other visitors and has discontinued its New England Economic Adventure program.
While our focus has shifted to working with teachers, practitioners and institutions with an interest in building the financial capabilities of their students and constituents, insights learned from past efforts have been vital to the evolution of our current approach.
For those seeking award-winning classroom resources for teaching about money and banking, economics, personal finance and the Federal Reserve, we highly recommend the St. Louis Fed's econlowdown website. K-16 educators can view videos and download lessons, whiteboard applications, readings and PowerPoint presentations, or register as an instructor and enroll students in online courses. The site also offers resources for consumers and the general public.
Additionally through this portal, teachers of all grade levels can earn three different types of educational credit depending on the online professional development program completed.
The Boston Fed continues to serve as host venue for College Fed Challenge (CFC), an annual competition for college students now organized by Bentley University. Participants play the role of the Federal Reserve by analyzing economic conditions and recommending an appropriate course for monetary policy. The competition encourages the development of important skills such as research and analysis, decision-making, argument formulation and effective communication. For information about participating in CFC, contact Bentley University.