Brief Outline of Topics Covered in Lecture 1
Chapter 1 Why Study Money, Banking, and Financial Markets? [pages 8-13]
Why Study Money and Monetary Policy?
Money and Business Cycles
Money and Inflation
Money and Interest Rates
Conduct of Monetary Policy
Fiscal Policy and Monetary Policy
Chapter 3 What is Money? [pages 23-48]
Meaning of Money
Functions of MoneyMedium of Exchange
Unit of Account
Store of Value
Materials from class:
Video:
Lecture 1 - Chapter 1, pgs. 8-13; Chapter 3, pgs. 49-52
Google Video