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Overview
The University Symposium is a program that utilizes dynamic exercises and student involvement to educate undergraduate students about the functions of the Federal Reserve System. Representatives from the Federal Reserve Bank of San Francisco (FRBSF) will be in attendance to conduct the Symposium, which includes engaging presentations from Fed staff on the Purposes & Functions of the Federal Reserve System, Banking Supervision and Regulation, and the conduct of monetary policy. The University Symposium concludes with a current economic outlook presented by a Fed economist, followed by a real-time Federal Open Market Committee (FOMC) simulation, with university students taking on the role of FOMC members and voting on monetary policy and the target federal funds interest rates. |
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DATE: November 30, 2006 (1:00 – 5:00 pm)
PLACE: University Place, Willamette Ballroom
Symposium Flyer
Time |
Presentation topic |
Presenter(s) |
1:00 - 1:10 |
Welcome Address |
Dr. Grant Farr, Associate Dean and Professor of Sociology, Portland State University
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1:10 - 1:35 |
Purposes & Functions of the Federal Reserve System
(Slides - PDF format) (Pictures: 1, 2) |
Robin Rockwood, District Public Information Director, FRBSF |
1:35 – 2:00 |
Banking Conditions and Trends
(Slides - PDF format) (Pictures: 1, 2, 3) |
Karen Safley, Manager of Administrative Services, Banking Supervision and Regulation, FRBSF |
2:00 – 2:30 |
Introduction to the FOMC
(Slides - PDF format)
(Pictures: 1, 2, 3, 4, 5, 6, 7, 8) |
Yelena Takhtamanova, Outreach Economist, FRBSF and Rene Courtois, Research Analyst, FRBSF |
2:30 – 2:45 |
Break
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2:45 – 3:15 |
Economic Briefing
(Slides - PDF format) (Pictures: 1, 2, 3) |
Yelena Takhtamanova, Outreach Economist, FRBSF and Gary Zimmerman, Senior Outreach Economist, FRBSF
|
3:15 – 4:25 |
FOMC Simulation: Comments by student teams on economic conditions
and vote on monetary policy. Student teams speakers represented the following:
Chairman Ben S. Bernanke (PSU)
(PowerPoint) (Pictures: 1, 2, 3, 4)
Bank of New York (PSU)
(PowerPoint) (Pictures: 1, 2)
Bank of Atlanta (Reed College)
(PowerPoint) (Pictures: 1, 2, 3)
Bank of Richmond (Reed College)
(PowerPoint) (Pictures: 1, 2, 3)
Bank of San Francisco (PSU)
(PowerPoint) (Pictures: 1, 2, 3)
Vice Chairman Kohn (Reed College)
(PowerPoint) (Pictures: 1, 2, 3)
Governor Kroszner (PSU)
(PowerPoint) (Pictures: 1)
Governor Mishkin (PSU)
(PowerPoint) (Pictures: 1, 2, 3, 4) |
Students teams from:
Portland State University and
Reed College |
4:25 -4:50 |
Debriefing and Audience Questions
(Pictures: 1, 2, 3, 4, 5, 6, 7, 8) |
Yelena Takhtamanova, Outreach Economist, FRBSF and Gary Zimmerman, Senior Outreach Economist, FRBSF
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4:50 – 5:00 |
Concluding Remarks |
Dr. John Walker, Economics Department Chair and Professor, Portland State University |
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