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Financial education web site redesigned.


The Federal Reserve System announced on April 18, 2005, that it has redesigned its financial education web site to increase the use of Federal Reserve educational materials and promote financial education in the classroom. The new web site incorporates four Federal Reserve web sites under one main Federal Reserve Education web site.

The redesigned web site (www.FederalReserveEducation.org See .org.

(networking) org - The top-level domain for organisations or individuals that don't fit any other top-level domain (national, com, edu, or gov). Though many have .org domains, it was never intended to be limited to non-profit organisations.

RFC 1591.
) has material intended for the general public, as well as materials specifically geared toward teachers and high school and college students. The site includes a new look and feel, while providing easier access to free educational materials, a teacher resource search engine, personal financial education, as well as new multilevel mul·ti·lev·el  
adj.
Having several levels: a multilevel parking garage.

Adj. 1. multilevel - of a building having more than one level
 games for various ages and knowledge levels.

"The Federal Reserve has a long history of promoting economic education and financial literacy Financial literacy is the ability of individuals to make appropriate decisions in managing their personal finances. Raising levels of financial literacy is now a focus of government programmes in countries including[1] Australia, Japan, the United States and the UK. . In that tradition, this new online tool offers students easier access to a wealth of information in the areas of economics, banking, and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
," said Federal Reserve Board Chairman Alan Greenspan Alan Greenspan

Dr. Greenspan is Chairman of the Board of Governors of the Federal Reserve System. Dr. Greenspan also serves as Chairman of the Federal Open Market Committee (FOMC), the Fed's principal monetary policymaking body.
.

The redesigned web site includes four sections:

* Federal Reserve Education, which provides instructional materials and tools to increase teachers' and students' understanding of the Federal Reserve, economics, and personal finances. Resources include publications and videos, online learning, and links to Federal Reserve System and other economic education web sites.

* Fed 101, an interactive site that provides an overview of the history and organization of the Federal Reserve System, monetary policy and federal regulations, and services provided to depository institutions Depository institution

A financial institution that obtains its funds mainly through deposits from the public. This includes commercial banks, savings and loan associations, savings banks and credit unions.
.

* Personal Financial Education, which helps people make informed decisions about their money and provides guidance for building a stable financial future. The site includes information on topics such as consumer banking, consumer protection, homes and mortgages, interest rates, loans, and credit.

* Teacher Resources, a new site that provides a search tool to allow teachers to locate Federal Reserve System education materials that meet national education standards for incorporation in their lesson plans. The resources on the site include comic books comic book

Bound collection of comic strips, usually in chronological sequence, typically telling a single story or a series of different stories. The first true comic books were marketed in 1933 as giveaway advertising premiums.
, brochures, teaching guides, magazines, and newsletters on a variety of financial education topics.
COPYRIGHT 2005 Board of Governors of the Federal Reserve System
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Article Details
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Publication:Federal Reserve Bulletin
Geographic Code:1USA
Date:Jun 22, 2005
Words:334
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