ECO 1312 (ECO1312)

Southern Methodist University

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Money, Banks, Interest Rates, Monetary Policy, The Impact of Money on the Economy

Money, Banks, Interest Rates, Monetary Policy, The Impact of Money on the Economy
Class notes • 15 pages • 2023

I got an A in macroeconomics. Here are my notes for chapters 11-13. Enjoy! Chapter 11: -Methods of Voluntary exchange - Functions of Money - fractional reserve banking - simple deposit creation model - deposit multiplier - the loanable finds market (credit) market Chapter 12: - the federal reserve and its functions - monetary policy -expansionary monetary policy - contractionary monetary policy -bond prices, bond yields, interest rates - relationship between bond pr...