Week 9: The Fed and Monetary Policy

Week 9 Sunday 3.29.2015

Module 25 Banking and Money Creation

Required Resources: Read Krugman and Wells Module 25

Review Module 25 Slides

Here is a series of Khan Academy Videos on the Money Creation

Multimedia: http://goo.gl/Zgd3Gs

And http://goo.gl/mU8lQW

Module 26 The Federal Reserve System-History and Structure

Required Resources: Read Krugman and Wells Module 26

Review Module 26 Slides

Module 27 The Federal Reserve System-Monetary Policy

Required Resources: Read Krugman and Wells Module 27

Review Module 27 Slides

Recommended Reading:: Meyer, Laurence, “Come with Me to the FOMC”, Gillis Lecture, Willamette University, April 2, 1998. http://www.federalreserve.gov/boarddocs/speeches/1998/199804022.htm

Active Learning: Fed Funds experiment?

Module 28 The Money Market

Required Resources: Read Krugman and Wells Module 28

Review Module 28 Slides

Here is a series of Khan Academy Videos on the Interest on Money

Multimedia: http://goo.gl/lPWIhP

Module 29 The Market for Loanable Funds

Required Resources: Read Krugman and Wells Module 29

Review Module 29 Slides

Some Helpful Pencasts

Multimedia: http://econocast.net/prinmacro/loanmkt.html

Assessment: Quiz #9 Due Sunday 3.29.2015 in D2L

Its a wonderful life. Bank Run

"A Run of the Bank" from the movie "Its a Wonderful Life" from Carlos Seward on Vimeo.