![OpenStax Principles of Macroeconomics 2e](https://img.oercommons.org/160x134/microsite-oh-prod/media/courseware/course/image/courseware-courseware-13.png)
- Material Type:
- Full Course
- Provider:
- Rice University
- Provider Set:
- OpenStax College
- Date Added:
- 06/29/2017
By the end of this section, you will be able to:
Explain the meaning of trade balance and its implications for the foreign exchange market
Analyze concerns over international trade in goods and services and international flows of capital
Identify and evaluate market-oriented economic reforms
By the end of this section, you will be able to:
Discuss the relationship between bank regulation and monetary policy
Explain bank supervision
Explain how deposit insurance and lender of last resort are two strategies to protect against bank runs
By the end of this section, you will be able to:
Analyze whether monetary policy decisions should be made more democratically
Calculate the velocity of money
Evaluate the central bank’s influence on inflation, unemployment, asset bubbles, and leverage cycles
Calculate the effects of monetary stimulus
By the end of this section, you will be able to:
Explain the structure and organization of the U.S. Federal Reserve
Discuss how central banks impact monetary policy, promote financial stability, and provide banking services
By the end of this section, you will be able to:
Explain crowding out and its effect on physical capital investment
Explain the relationship between budget deficits and interest rates
Identify why economic growth is tied to investments in physical capital, human capital, and technology