Slide 1www.themegallery.com Chapter 7 Economic Policy in the Open Economy Under Fixed Exchange Rates Slide 2 Learning Objectives Explain general equilibrium in the macroeconomy…

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Lecture 2 Lecture 10 September 13th, 2010 http://www.slideshare.net/saark/ibe303-lecture-10 Economic Policy in the Open Economy Under Fixed Exchange Rates Targets, Instruments,…

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Slide 1 Slide 2  Monetary policy- changes in the money supply to fight inflations or recessions. Slide 3  Open Market Operation  Discount Rate  Reserve Ratio…

Chapter 14 Supplementary Notes What is Money? Medium of Exchange A generally accepted means of payment A Unit of Account A widely recognized measure of value A Store of Value…

Chapter 7 Economic Policy in the Open Economy Under Fixed Exchange Rates Learning Objectives Explain general equilibrium in the macroeconomy using the IS/LM/BP model. Describe…