Unit 3: Macroeconomic Policy

Lesson 16a: Monetary Policy

Assignments: Readings

 

Ch. 10, pp. 226-231, "The Interest Rate-Investment Relationship" (19th, 199-204)

Ch.16 pp. 355-375, "The Consolidated Balance Sheet of the Federal Reserve Banks", "Tools of Monetary Policy", "Targeting the Federal Funds Rate", "Monetary Policy, Real GDP, and the Price Level", "Monetary Policy: Evaluation and Issues", "The Big Picture"
(19th, 317-336)

Lecture Outline 

 

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Lesson 16a