Wednesday January 16

New Concepts:

• Government Intervention to Increase Output (Y)
• Demand Side Policies - Keynes
• Increase Output w/o increasing the overall price level
• Monetary Policy - Interest Rates

Resources:

Khan Academy Video - Fiscal and Monetary Policy

Power Point - Monetary Policy

Video - The Fed

Video - Monetary Policy

Homework:  

• Fiscal and Monetary Policy Chart and Questions
• questions on page 3 will be collected and graded