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Econ Ed Expands Virtual Learning Options

As teachers and students adapt to new ways of learning, the Richmond Fed’s Economic Education team has developed additional virtual programming to meet their educational needs.

In October, Economic Education launched Richmond Fed on Campus, a webinar series for college students designed to increase their knowledge of economics and the Fed. The first webinar, Defining Moments of Federal Reserve and Economic History, provided an overview of Federal Reserve history, from its creation to its ever-changing role in the economy over the past century. The second webinar, Race, Income and Wealth Disparities, provided an economic perspective on these disparities. More installments of the series are being planned for 2021.

Economic Education also has developed an online tour program to substitute for in-person visits to the Bank’s onsite museum, The Fed Experience. The TFE Roadshow will kick off in January, and will permit students in more regions of the Fifth District to learn about the Fed, including those whose school budget constraints historically prohibited traveling to Richmond to visit the museum.

This year’s virtual learning environment will also afford more teachers an opportunity to engage with the Richmond Fed. Because the Bank’s Teacher Collaborative Committee will meet online in 2021, it is open for the first time to educators in all regions of the District – Virginia, Maryland, South Carolina, North Carolina, Washington, D.C., and portions of West Virginia. The Committee consists of high school economics and personal finance teachers who convene throughout the year to provide input on Richmond Fed resources.

“This year has required us to rethink how we deliver financial education, and while we miss seeing teachers and students in person, we’re excited to offer programs like the TFE Roadshow to schools that are traditionally unable to visit the museum,’’ said Alexandra Cornwell, outreach specialist for Economic Education. “We want to make sure everyone in our District has access to financial education, and these virtual options are helping us connect with more teachers and students.”

Upcoming Economic Education Event

December 1, 2020 - Evening with the Fed: Education and Entrepreneurship in the Valley

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