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Analysis of Monetary Policy

How supply of money influences interest rates (p. 366-67).

II. Quantity of Money that People Desire to Hold

Give factors that have an influence - there are three of them (pp. 364-5)

III. Tools of Monetary Policy

Give the tools (p. 366). Then explain how open market operations affect money supply and interest rates. (pp. 366)

IV. Equation of Exchange

What does each part mean and what equation demonstrates (pp. 371).

The rest of the points are for organization and mechanics (10 points), citations (5 points), and submitting by deadline (5 points

This is the book we use, but it does not all need to come from this book.

Roger Leroy Miller, Economics Today - Eighteenth Edition. Person Education, Inc. 2016, 294-304

Macroeconomics, Economics

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