... and receive personalised notifications on
new pluralistic content directly into your inbox!

The Practice of Central Banking

Economy Studies , 2022
Level: beginner
Perspectives: Other, Post-Keynesian Economics
Topic: Institutions, Governments & Policy, Macroeconomics, Money & Debt
Format: Teaching Package

This teaching pack was designed by Economy Studies and focuses on the practice and real-world activities of central banks. It assumes students have a grasp of basic macroeconomic concepts already, and is therefore most suitable to be used at the end of introductory macro courses, or in more advanced macro or monetary economics courses.

The central aim is to help students understand that central banking in the real world is a lot more complex than simply changing interest rates to mechanically ensure that resources are not under- or over-employed, as it is often presented. The content is focused on understanding the actual implementation of financial stability and monetary policy in practice.


Instructor’s Guide    Download Slides   Reading Introductory Courses    

   Reading Advanced Courses  Handout Game

Comment from our editors:

These teaching packs are designed for 90-minute (online or offline) sessions that can be added to existing courses. They help students become familiar with an important topic that is often neglected. At some universities lectures and sessions are typically longer than 90 minutes and at others shorter. Feel free to adjust the material to make it with your context and purpose. 



This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.).  It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.