Students in the Whitefield Economics class, taught by Erika Mosteller, recently toured the Federal Reserve Bank of Atlanta. Students viewed an exhibit about the global history of currency and observed the process of organizing and transferring money into the Reserve's vault, which can hold billions of dollars at a time.
"Students learned about the history of the Federal Reserve as the central banking system in the U.S. economy," said Mosteler. "It is somewhat insulated from political parties so as to better serve the long-term interests of the nation's economy."
Whitefield's Economics course is a one-semester class; its purpose is to convey the importance of economics and its connection to the world corporately and singly. Students learn about supply and demand, capital and labor, and business and government economic models. Students also investigate the role of economic principles in relation to individual lives and the world in general.