Key concepts and graphs
Concepts: Functions of money, characteristic of money, measures of money, demand for money, the money market, the creation of money, loanable funds market, organization of the Federal Reserve, tools of monetary policy, responsibilities of the Fed, quantity theory of money
Graphs: Money Market
Loanable funds market
Key Terms
Medium of exchange, store of value, measure of value, M1, M2, M3, checkable deposits, demand deposits, time deposits, legal tender, asset demand, transaction demand, balance sheet, T account, fractional reserve banking system, required reserves, excess reserves, actual reserves, federal funds rate, prime interest rate, discount rate, open-market operations, monetary multiplier, nominal interest rate, FDIC, velocity of money
- Money, banking and financial markets
- Definition of financial assets, money, stocks, bonds
- Time value of money (present and future value)
- Measures of money supply
- Banks and the creation of money
- Money demand
- Money market
- Loanable funds market
- Central bank and control of the money supply
- Tools of central bank policy
- Quantity theory of money
- Real versus nominal interest rates
Key concepts and graphs
Concepts: Functions of money, characteristic of money, measures of money, demand for money, the money market, the creation of money, loanable funds market, organization of the Federal Reserve, tools of monetary policy, responsibilities of the Fed, quantity theory of money
Graphs: Money Market
Loanable funds market
Key Terms
Medium of exchange, store of value, measure of value, M1, M2, M3, checkable deposits, demand deposits, time deposits, legal tender, asset demand, transaction demand, balance sheet, T account, fractional reserve banking system, required reserves, excess reserves, actual reserves, federal funds rate, prime interest rate, discount rate, open-market operations, monetary multiplier, nominal interest rate, FDIC, velocity of money
Lectures
Module 22: savings_and_investment.pptx Module 23: roles_and_functions_of_money.pptx Module 24: present_value_of_money.pptx Module 25: creation_of_money.pptx Module 26: fed_system.pptx Module 27: federal_reserve.pptx Module 28: the_money_market.pptx Module 29: loanable_funds_market.pptx |
Materials
Module 23 Functions of Money Why is it money? All About Money Module 24 Time Value of Money Using Present Value Module 25 Bank Expansion of Deposits T Accounts Reserve Requirements and Multiplier Module 27 Monetary Policy Cause and Effect Tools of Monetary Policy Module 28 A Budgetary Exercise Module 29 ACDC Loanable Funds and Crowding out Market for Loanable Funds |