Money and Banking

Underconstruction

Day and Date

Topic

Class #15

Thursday October 21

Dreamweaver Training

Class #16

Monday

October 25

Our Agenda

Exam #1 Handed back and discussed

Economics Web Ring

Assignment due Thursday

Have you pruchased Term at the Fed? If not, why not? Please buy it this week.

Today we finish our Discussion of the Behavior of Interest Rates:

Lecture #12 The Behvaior of Interest Rates (Chapter 5)
(Power Point version of the lecture)

We developed the liquidity Preference model

We developed the loanable funds model

We will discuss the

liquidity effect

income effect

price level effect

expected inflation effect

We will look at the trend in interest rates over time

We will look at the various possible paths that interest rates can take

We will consider the Supply and Demand for Gold as a proxy for physical assets, goods and services.

Combined with the liquidity preference and loanable funds models we have a complete model for the determination of interest rates and asset prices.

Next, we will move back to Conduct of Monetary Policy: Goals and Targets

We will Begin with the History of Fed Policy Procedures. The Mishkin text does a great job with this material.

Assignment for Thursday October 28

Group project proposals

About a page describing your topic

Who is in the group?

Note whether or not you are building on an already existing website

Class #17

Thursday

October 28

Hand in your Group Projects We will discuss your projects in class Have you looked at the Economics Web Ring? Have you ordered A Term at the Fed? If not do it today.

Class #18 Monday November 1

We will move back to Conduct of Monetary Policy: Goals and Targets

We will Begin with the History of Fed Policy Procedures. The Mishkin text does a great job with this material.

Have you ordered A Term at the Fed? If not do it today.

Class #19

Thursday

November 4

Have you ordered A Term at the Fed? If not do it today.

Class #20

Monday

November 8

Lecture #10 Transmission Mechanisms of Monetary Policy: The Evidence (chapter 26)

(a pdf version of this lecture)
Just a friendly reminder: Have you ordered A Term at the Fed? If not do it today.

Class #21

Thursday

November 11

Lecture #11 Money and Inflation (Chapter 27)
(a pdf version of this lecture)
With some references made back to
Lecture #12 The Behvaior of Interest Rates (Chapter 5)
(Power Point version of the lecture)
Psssst! Hey you! I have a hot tip. Do you own A Term at the Fed? If not buy it today.

Class #22

Monday

November 15

Continuation of

Lecture #11 Money and Inflation (Chapter 27) (a pdf version of this lecture)

With some references made back to

Lecture #12 The Behvaior of Interest Rates (Chapter 5) (Power Point version of the lecture)

Class #23

Thursday

November 18

Preparation and review for Exam #2

Web project updates So how are the projects? Any questions? Need advice? Have you found the material that you had hoped to find?

We have a new research toy try it out!

Scholar Google

Class #24

Monday

November 22

Exam #2

Thanksgiving Break

6pm Tuesday November 23 - 8am Monday Novmber 29

Class #25

Monday

November 29

Exam #2 Returned

Discussion of Exam

Strategies for Final Exam Preparation

Begin by Reviewing and resolving all problems on both Exams

Review all class notes and do not forget the numerous posted notes.

Review the text. remember that the notes for this course were designed to go witht he Mishkin text. this is an excellent textbook.

Be sure to pay special attention tot hose chapters in which Mishkin excells, i.e., history of Fed prcedures, transmission mechanisms etc.

Class #26

Thursday

December 2

Thursday December 2

Class Discussion: Maestro and Term at the Fed

Web project concerns

Class #27

Monday

December 6

Monday December 6

Class Discussion: Solow/Taylor debate

Last minut web project questions and concerns

Class #28

Thursday

December 9

Thursday December 9

Class Presentations: 1:30 - 4:15

Final Exam

Friday December 17

2:00pm

`Final Exam` `Friday December 17` `2:00pm`
Day and Date	Topic
Class #15 Thursday October 21	Dreamweaver Training
Class #16 Monday October 25	Our Agenda Exam #1 Handed back and discussed Economics Web Ring Assignment due Thursday Have you pruchased Term at the Fed? If not, why not? Please buy it this week. Today we finish our Discussion of the Behavior of Interest Rates: Lecture #12 The Behvaior of Interest Rates (Chapter 5) (Power Point version of the lecture) We developed the liquidity Preference model We developed the loanable funds model We will discuss the liquidity effect income effect price level effect expected inflation effect We will look at the trend in interest rates over time We will look at the various possible paths that interest rates can take We will consider the Supply and Demand for Gold as a proxy for physical assets, goods and services. Combined with the liquidity preference and loanable funds models we have a complete model for the determination of interest rates and asset prices. Next, we will move back to Conduct of Monetary Policy: Goals and Targets We will Begin with the History of Fed Policy Procedures. The Mishkin text does a great job with this material. Assignment for Thursday October 28 Group project proposals About a page describing your topic Who is in the group? Note whether or not you are building on an already existing website
Class #17 Thursday October 28	Hand in your Group Projects We will discuss your projects in class Have you looked at the Economics Web Ring? Have you ordered A Term at the Fed? If not do it today.
Class #18 Monday November 1	We will move back to Conduct of Monetary Policy: Goals and Targets We will Begin with the History of Fed Policy Procedures. The Mishkin text does a great job with this material. Have you ordered A Term at the Fed? If not do it today.
Class #19 Thursday November 4	Have you ordered A Term at the Fed? If not do it today.
Class #20 Monday November 8	Lecture #10 Transmission Mechanisms of Monetary Policy: The Evidence (chapter 26) (a pdf version of this lecture) Just a friendly reminder: Have you ordered A Term at the Fed? If not do it today.
Class #21 Thursday November 11	Lecture #11 Money and Inflation (Chapter 27) (a pdf version of this lecture) With some references made back to Lecture #12 The Behvaior of Interest Rates (Chapter 5) (Power Point version of the lecture) Psssst! Hey you! I have a hot tip. Do you own A Term at the Fed? If not buy it today.
Class #22 Monday November 15	Continuation of Lecture #11 Money and Inflation (Chapter 27) (a pdf version of this lecture) With some references made back to Lecture #12 The Behvaior of Interest Rates (Chapter 5) (Power Point version of the lecture)
Class #23 Thursday November 18	Preparation and review for Exam #2 Web project updates So how are the projects? Any questions? Need advice? Have you found the material that you had hoped to find? We have a new research toy try it out! Scholar Google
Class #24 Monday November 22	Exam #2
Thanksgiving Break 6pm Tuesday November 23 - 8am Monday Novmber 29
Class #25 Monday November 29	Exam #2 Returned Discussion of Exam Strategies for Final Exam Preparation Begin by Reviewing and resolving all problems on both Exams Review all class notes and do not forget the numerous posted notes. Review the text. remember that the notes for this course were designed to go witht he Mishkin text. this is an excellent textbook. Be sure to pay special attention tot hose chapters in which Mishkin excells, i.e., history of Fed prcedures, transmission mechanisms etc.
Class #26 Thursday December 2	Thursday December 2 Class Discussion: Maestro and Term at the Fed Web project concerns
Class #27 Monday December 6	Monday December 6 Class Discussion: Solow/Taylor debate Last minut web project questions and concerns
Class #28 Thursday December 9	Thursday December 9 Class Presentations: 1:30 - 4:15