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:
Fed Policy Interactive with Graph, Reffonomics
POLICY LAGS, AmosWEB Encyclonomic WEB*pedia (focus on monetary policy)
Researching and reading additional articles are highly recommended, and including them in your bibliography.
- Explain the functions ofMONEY MAKING sure to give examples based on your everyday experience.