Description

Overview:

This is an introduction to money and its functions.  It explains the role of the central bank in money supply and the money creation process.  Money demand and its determinants are essential to an understanding of equilibrium interest rates, when combined with a discussion of money supply.  An alternative explanation of bond demand and equilibrium interest rates is introduced through a discussion of the bond market. 

Subject:

Economics

Level:

Community College / Lower Division, College / Upper Division

Material Type:

Module

Provider:

Ohio Open Ed Collaborative

Date Added:

09/27/2018