TAILIEUCHUNG - Lecture Macroeconomics (9/e): Chapter 12 - David C. Colander

Chapter 12 - The financial sector and the economy. After reading this chapter, you should be able to: Discuss the functions and measures of money, define banks and explain how they create money, explain why the financial sector is so important to macroeconomic debates, explain the role of interest rates in an economy. | The peculiar essence of our banking system is an unprecedented trust between man and man; and when that trust is much weakened by hidden causes, a small accident may greatly hurt it, and a great accident for a moment may almost destroy it. — Walter Bagehot The Financial Sector and the Economy Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Chapter Goals Discuss the functions and measures of money Define banks and explain how they create money Explain why the financial sector is so important to macroeconomic debates Explain the role of interest rates in an economy 2 The Financial Sector and the Economy The financial sector is central to almost all macroeconomic debates The real sector is the market for the production and exchange of goods and services The financial sector is the market for the creation and exchange of financial assets Financial assets include money, stocks, and bonds Plays a central role in organizing and coordinating our .

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