Licensed to: iChapters User Licensed to: iChapters User MONEY, BANKING and FINANCIAL MARKETS Lloyd B. Thomas Kansas State University Copyright 2006 Thomson Learning, Inc.…

Slide 1 Slide 2 Aim: What is Money? Slide 3 Slide 4 Money a concept – an idea we have of something that allows us to recognize specific examples of it Slide 5 Slide 6 Characteristics…

Slide 1EC 100 Macro Week 2 The Money Market 1 Slide 2 Discussion of LT Week 2 -Last week: discussed concept of fiscal policy multipliers – how does nominal GDP change if…

1. Macroeconomic Theory and Stabilization Policy Prof. Surajit Sinha Department of Humanities and Social Sciences Indian Institute of Technology, Kanpur Lecture – 21 The…

Slide 1 Updates Slide 2 Demand Functions An algebraic equation representing demand as a function of the price plus consumer income levels and other factors Example: Linear:…