Money & Banking

Date In Class Assignment: (for the night after class)

Class #1 Functions of Money McConnell (Ch 12): pp. 235-241

2/16 Money Supply

Demand for Money

All about the M’s

Class #2 The Federal Reserve System McConnell (Ch 13): pp. 244-255

2/17 The Fed Today video

Receive Macro PS #3

Go Over Tests

Class #3 Money Creation McConnell (Ch 14): pp. 258-270

2/18 The Money Multiplier Finish exercise (Money Creation)

-limitations

Money Creation (Ex)

Receive Web Questions #10

Class #4 Monetary Policy McConnell (Ch 14): pp. 271-279

2/19 - define, tools, OMO Finish Macro PS #3 (ALL)

- bond market

- expansionary / contractionary

Class #5 Monetary Policy (Cont.) Study Questions

2/20 -graphing, effectiveness Finish Web Questions #10

-problems, international

Crowding Out: A Graphical Representation (Ex)

Hand in Macro PS #3

Class #6 Finish Monetary Policy Study for Test

2/23 Review Class

Current Events #10

Hand in Web Questions #10

Class #7 Macro Test #3 Work on FOMC Project

2/24

Class #8 Work on FOMC Project Work on FOMC Project

2/25 Go Over Test McConnell (Ch 15): pp. 285-290

Receive Macro PS #4 (Up to The Phillips Curve)

Class #9 LRAS and the PPC (Ex) McConnell (Ch 15): pp. 291-299

2/26 More LRAS

PS #4, Q’s #1-2 (work on at the end of class)