Chapter 14 Modern Macroeconomics and Monetary Policy

chapter Materials

Here are the reading assignments for this chapter:

Required

Macroeconomics: Private and Public Choice, 17th edition. Gwartney, Stroup, Sobel & Macpherson.
Cengage.com: https://www.cengage.com/c/macroeconomics-private-public-choice-17e-gwartney-stroup-sobel-macpherson/9780357134009/
Macroeconomics: Private and Public Choice, 16th edition. Gwartney, Stroup, Sobel & Macpherson.
Cengage.com: https://www.cengage.com/c/macroeconomics-private-and-public-choice-16e-gwartney-stroup-sobel-macpherson/9781305506756/

Optional

Videos

The Gus A. Stavros Center for the Advancement of Free Enterprise and Economic Education at Florida State University is pleased to offer these resources. They were created by Teaching Professor Joe Calhoun.

The captions were created by a computer program so sometimes they may be inaccurate or contain spelling or grammatical errors.

You may alternate the views by clicking on the white icon on the top-right corner of the screen.

The videos should not be downloaded or distributed beyond this site.

These videos are based upon the 17th edition of the book.

Sections 1-5 are similar to the previous editon. Two sections are updated with new information and presented here.

14-6 Recent Low Interest Rates and Monetary Policy

14-7 Interest Rates, Velocity of Money, and Monetary Policy

These videos are based upon the 16th edition of the book.

14-1: Impact of Monetary Policy: A Brief Historical Background

14-2: The Demand and Supply of Money

14-3: How Does Monetary Policy Affect the Economy?

14-4: Monetary Policy in the Long Run

14-5: Money, Economic Stability, and Proper Monetary Policy

14-6: Recent Monetary Policy of the United States