(PDF)” paper presented at the Federal Reserve System Community Affairs Research Conference, held in Washington, April 16–17. BIS central bankers’ speeches  1  retain information and remain engaged. Games and simulations can be particularly effective at keeping students interested.
For example, in 2010, I spoke at the opening of the Junior Achievement Finance Park in Fairfax, Virginia.2 This organization, as well as similar facilities throughout the country, allows students to play the role of a family head with financial challenges and opportunities, giving them a chance to practice financial decisionmaking in a realistic setting.