Oct 28, 2009 I. Unemployment A. Causes B. Policies II. Money A. What it is B. How much is there III. Banks.

Slides:



Advertisements
Similar presentations
Money Ch 18. I. Functions and uses of Money A. Means of exchange 1. Money is accepted as an exchange for goods and services.
Advertisements

Money, Banks, and the the Central Bank Lecture notes 5 Instructor: MELTEM INCE.
Introduction to Macroeconomics
Money Module 23.
 Before 1932 Gold coins circulated freely in the United States as legal money, and gold bullion was owned by banks and other private entities.  In 1933.
MONEY AND BANKING WHY MONEY – THE “BONANZA” STORY.
Activity 38 The mechanics of monetary policy. Baseline case Assets Liabilities The FED Treasury Securities Federal Reserve Notes Checkable deposits Loans.
Balance Sheet Workspace Practice Problems. Problem 1 The US Treasury borrows from the nonbank public by selling them US Treasury securities. The nonbank.
October 27,  Although we commonly think of “money” as being dollar bills and coins, these are by no means the only items that can act as “money.”
 Although we commonly think of “money” as being paper bills and metal coins, these are by no means the only items that can act as “money.”  Money must.
Lectures in Macroeconomics- Charles W. Upton Money Overview.
Money and the Monetary System Outline The definition and functions of money Measuring the money supply Financial institutions The Federal Reserve system.
Chapter 15. Money Supply Process
We just understood the equilibrium and transmission mechanisms of the goods market. Now we will analyze the money market…
Chapters 11 and 15 Test Review Questions made by students.
1. WHAT IS MONEY? Learning Objectives 1.Define money and discuss its three basic functions. 2.Distinguish between commodity money and fiat money, giving.
Monetary Policy Review
Chapter 21 Money and Central Banking Introduction to Economics (Combined Version) 5th Edition.
Money and Banking. What is it Worth? What is something worth? What is value? If everyone does not value something the same, does it really have worth?
Income Determination The Monetary Dimension - I. Overview  Keynesian Income Determination Models  Private sector Consumption demand Investment Demand.
CHAPTER 30 Money, Banking, and the Federal Reserve System PowerPoint® Slides by Can Erbil © 2005 Worth Publishers, all rights reserved.
Chapter 14 Money and Our Banking System. Money is whatever people generally accept Functions of Money Medium of Exchange – payment for goods and services.
Chapter Six The Demand for Money 1. Monetary Aggregates Components of the Money Stock M 0 －－－ Currency in Circulation M 1 －－－ M 1 －－－ M 2 －－－ M 2 －－－ M.
Unit 6: Federal Reserve System and Monetary Policy
Chapter 12 Money – The Federal Reserve - Banks Relevant standards (Economics) C - Explain the function of money and its use in society D.
The Federal Reserve Goals & Challenges. MONEY Money- anything used to facilitate the exchange of goods & services between buyers and sellers.
FEDERAL RESERVE (FED) *** In charge of the nation’s money supply.
Money and Banking Chapter 31 McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
Macroeconomics CHAPTER 14 Money, Banking, and the Federal Reserve System PowerPoint® Slides by Can Erbil © 2006 Worth Publishers, all rights reserved.
Federal Reserve System 14.1 Federal Reserve acts as the central bank for the U.S. Look at a $1 bill After the panic of 1907 and the collapse of many banks,
CHAPTER 10 ECONOMICS, MR. VIOLANTI Money, Banking, and the Federal Reserve System.
The Monetary System What is money? What are its main functions? Money is a commodity that is generally accepted as for payment for goods and services.
The Money Market AP Macro. The Money Market The market where the Fed and the users of money interact thus determining the nominal interest rate (i%).
TM 13-1 Copyright © 1998 Addison Wesley Longman, Inc. What is Money? Money is any commodity or token that is generally acceptable as the means of payment.
CHAPTER 30 Money, Banking, and the Federal Reserve System.
CH. 24 MONEY & BANKING Standard EE 2.3, 3.3, PFL 1.5, 1.6.
Section 1: What is Money? Section 2: The Federal Reserve System.
Ch Notes I.The Federal Reserve (1913) A. The official national bank of the U.S. B. The banks duties/ responsibilities:
Money and Banking— Monetary Policy Section 5 Modules
Ch Notes:Early Money & Banking. I. Different Money Standards during our History A. State created banks (by1780s) 1. Can print money at any time.
Money serves a purpose Money is anything accepted as final payment for goods and services It is used for Medium of exchange Unit of account Store of value.
© Mark E. Damon - All Rights Reserved.
Federal Reserve Notes Structure & Functions. I. Purpose: to keep the economy stable  Goals: high employment, stable prices, economic growth  Enemies:
Money vs. Barter Money - Any good that is widely accepted for purposes of exchange and in the repayment of debt. Barter - Exchanging goods and services.
The Federal Reserve System and Monetary Policy. Money Final payment for goods and services Purposes of money: – Medium of Exchange: It can be used to.
Money Definition Uses Medium of exchange Unit of Account (“numeràire”) Store of value Measuring money (M1, M2, …)
1. Who Creates Monetary Policy? 2. What are the 3 tools of Monetary Policy? 3. What would the Fed want to do to the money supply if there was high unemployment?
Money and Banks Money Supply 1.  The Money  What is money?  What form can money take?  Why is money worth something?  What happens to the value of.
STARTER HOW DOES THE VALUE OF MONEY AFFECT YOUR DAILY LIFE? LIST TYPES OF FINANCIAL INSTITUTIONS YOU KNOW.
ECO 285 – Spring 2014 – Dr. D. Foster ECO 285 Money & Banking Basics II.
Simplifying Global Economics, Business, and Finance edunomics.club
Warm up 5/13/13 p What was the purpose of the first bank of the United States? 2.What were three results of the National banking acts of 1863.
Money and Banking The Federal Reserve and Monetary Policy.
Mr. Mayer AP Macroeconomics
Conduct of Monetary Policy: Goals and Targets
MONEY AND BANKING AP MACRO ECONOMICS. MEANING OF MONEY Money is any asset that can easily be used to purchase goods and services. Money consists of cash.
AP Macroeconomics The Money Market. The market where the Fed and the users of money interact thus determining the short- term nominal interest rate (i%).
Money and Banks. I. What is Money? Root of all evil; money is debt –And all that is good: how do you think Brangelina got to look like that? 1) Medium.
Did YOU Know?! The best recorded distance for projectile vomiting is 27 feet Originally, Nintendo was a playing card manufacturer Worcestershire Sauce.
Chapter Money. Section Preview Three basic functions of money Three basic functions of money The characteristics of money The characteristics of.
The Nature and Creation of Money
Money and Banking Chapter 24.
هجرة الشباب الدولية والتنمية الفرص والتحديات
Sides Games.
Mukasheva S Shokubasova A. Money is the set of assets in the economy that people regularly use to buy goods and services from each other.
Money and Banking Monetary Policy
Goal 9 (with worksheet).
Government and the Economy
Monetary Policy and the fed
TOOLS OF FED POLICY OPEN MARKET OPERATIONS DISCOUNT LOANS
Presentation transcript:

Oct 28, 2009 I. Unemployment A. Causes B. Policies II. Money A. What it is B. How much is there III. Banks

Union Membership

Functions of Money 1. Medium of Exchange 2. Store of Value 3. Unit of Account

Stone Money of Yap Island

Federal Reserve Bank of NY

Gold Vault at NY Fed 80 feet below ground, on Manhattan bedrock

Hard to break into (Bruce Willis notwithstanding)

On the other side of the door is 266 million ounces of gold. Each bar is worth about $450,000 at current market rates.

A job worth having?

Resisting temptation

FDIC

Feedback: Privacy Policy Feedback
Do Not Sell My Personal Information
About project: SlidePlayer Terms of Service

© 2025 SlidePlayer.com. Inc. All rights reserved.