TAILIEUCHUNG - Lecture Macroeconomics: Lecture 26 - Prof. Dr.Qaisar Abbas

Lecture 26: Money supply and money demand - I. After studying this chapter you will be able to understand: how the banking system “creates” money, fractional-reserve banking, money creation in the banking system. | Review of the previous lecture 1. Investment is the most volatile component of GDP over the business cycle. Fluctuations in employment affect the MPK and the incentive for business fixed investment. Fluctuations in income affect demand for, price of housing and the incentive for residential investment. Fluctuations in output affect planned & unplanned inventory investment. 0 Lecture 26 Money Supply and Money Demand-I Instructor: Prof. Dr. Qaisar Abbas 1 This chapter sets up the IS-LM model, which chapter 11 then uses extensively to analyze the effects of policies and economic shocks. This chapter also introduces students to the Keynesian Cross and Liquidity Preference models, which underlie the IS curve and LM curve, respectively. If you would like to spend less time on this chapter, you might consider omitting the Keynesian Cross, instead using the loanable funds model from Chapter 3 to derive the IS curve. Advantage: students are already familiar with the loanable funds model, so .

• Kinh tế học
• Lecture Macroeconomics
• Principles of microeconomics
• Economic models
• Science of macroeconomics
• Tools of microeconomics
• Microeconomic transactions
• Bài giảng Kinh tế vĩ mô
• Kinh tế vĩ mô
• Data of macroeconomics
• Unemployment rate
• Inflation rate
• Natural rate of unemployment
• Consumer price index
• National income
• Agriculture sector
• Agricultural policies
• Economic fluctuations
• Macroeconomic policy
• Business cycle theory