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Swiss National Bank

Advanced monetary policy

This module deals with monetary policy, the core task of a central bank. The major goals of modern central banks, the significance of the monetary policy instrument, the most important monetary policy effects and the influence of incomplete information are conveyed to the students in a fun way.

 

MOPOS - Advanced

Start MOPOS Advanced

To start the simulation, click on this button or on www.iconomix.ch/en/ mopos_advancedhttp://www.iconomix.ch/en/modules/start/mopos-advanced/. Each time you start up MOPOS Advanced, a new situation is created.

Updated

10. March 2008

Level

Demanding

Keywords
Central bank, Economic policy goals, Economy, Inflation, Interest rate, Monetary policy, Price stability
 

Commentary for teachers

Module information


Documents

  • Introduction(134 KB)http://www.iconomix.ch/fileadmin/docs/module/en/m04b_introduction.pdf
  • Slides(77 KB)http://www.iconomix.ch/fileadmin/docs/module/en/m04b_slides.pdf
  • Test questions on the simulation(73 KB)http://www.iconomix.ch/fileadmin/docs/module/en/m04b_testquestions.pdf
  • Worksheet(108 KB)http://www.iconomix.ch/fileadmin/docs/module/en/m04b_worksheet.pdf
  • Knowledge sheet(121 KB)http://www.iconomix.ch/fileadmin/docs/module/en/m04b_knowledgesheet.pdf
  • Knowledge test(88 KB)http://www.iconomix.ch/fileadmin/docs/module/en/m04b_knowledgetest.pdf
  • Advanced question(50 KB)http://www.iconomix.ch/fileadmin/docs/module/en/m04b_advancedquestion.pdf
  • Sample answers(140 KB)http://www.iconomix.ch/fileadmin/docs/module/en/m04b_samplesanswers.pdf

Order documents

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Additional information

  • Monetary policy - Basichttp://www.iconomix.ch/Detail
    The basic monetary policy module offers less challenging tasks. The demand shock and utilisation can be accurately observed.
  • The world of the National Bankwww.snb.ch/...
    The world of the National Bank, an SNB publication, provides information on the SNB’s monetary policy in an easily understandable way.
  • The National Bankwww.snb.ch/...
    The National Bank, an SNB publication, outlines the most important aspects of monetary policy, the impact of monetary policy on the economic situation and the practical implementation

Enter the iconomix award

  • Challenge Questionhttp://www.iconomix.ch/en/award/category-1/challenge-questions/m04-monetary-policy/

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Credits for «Advanced monetary policy» module

  • Project management and concept
    Authors and consultants
    • Yvan Lengwiler, University of Basel (model)
    • Michael Manzhttp://www.iconomix.ch/javascript:linkTo_UnCryptMailto('nbjmup+Njdibfm/NboaAtoc/di');, SNB
    • Manuel Wältihttp://www.iconomix.ch/javascript:linkTo_UnCryptMailto('nbjmup+Nbovfm/XbfmujAtoc/di');, SNB
    • Mathias Zurlinden, SNB (review of content)
    Educational consulting
    Module integration
  • Assistance in concept development and coordination of web application
    Design of web application
    Programming of web application
    Testing of web application
    Design of printed material
    Editorial support
    • Monika Wyss, ZHSF
    • Rotstift AG
  • Heads of educational support team
    • Thomas Brönnimann, EHB
    • Jean-Marc Huguenin, WBZ-CPS
    Trial runs in class (pre-testing)
    • Felix Furtwängler, GYM de Beaulieu Lausanne
    • Pierre Lombardo, EPC de Lausanne
    • René Roth, Gymnasium Liestal
    • Teresa Zulli, KS Büelrain Winterthur

Key

Commentary for teachers

The commentary for teachers provides an overview of the module.

The first page summarises the most important information (topic, content, learning objectives, etc.).

An outline of how to work with the module is presented in chapter 2.

Chapter 3 recommends additional literature on the topic.

Documents

Each module includes a set of documents which serve as teaching material and are listed on the module’s website.

Challenge question

Every iconomix module includes a challenge question. These questions provide the ideal starting point for a short essay that can be entered in the iconomix award (category 1).

Sample answers

The document with the sample answers contains all solutions for the module.

Demos

Some modules have a demo version which illustrates how the module can be used in lessons.

Comments

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