Explain the functions ofMONEY MAKING sure to give examples based on your everyday experience.

The macro paper for this course will address the basic economics of monetary policy with emphasis on the timing of expansionary or contractionary policies and its effect on the control of the money supply, interest rates, inflation, and the economy.

First, review the Mayer readings.  Second, read/listen to the following interactives and articles:

St. Louis Federal Reserve Bank Economic Lowdown Podcast Series – Money

Fed Policy Interactive with Graph, Reffonomics

POLICY LAGS, AmosWEB Encyclonomic WEB*pedia (focus on monetary policy)

1. and A. With the Fed’s John Williams: Timing of Rate Rise Is Overrated,New York Times April 16, 2015

Researching and reading additional articles are highly recommended, and including them in your bibliography.

1. Explain the functions ofMONEY MAKING sure to give examples based on your everyday experience.