This is the chapters for the week. be sure to open attachment for instructions. 4 sources this week. must be on words as it is checked for plagerism. please ask if have any questions.
Readings and Resources
eBook:
OpenStax College. (2014). Principles of Macroeconomics. Rice University.- this ebook is available in print, pdf, web view, and bookshare versions from the OpenStax College site. The assigned readings for this unit are linked below to the web view version for your convenience.
Chapter 15: Monetary Policy and Bank Regulation
Chapter 16: Exchange Rates and International Capital Flows
Chapter 17: Government Budgets and Fiscal Policy
Articles, Websites, and Videos:
What exactly is money, and how does it affect us daily?
Money: Everyday economics. (2013, September). The Economic Education Division, Public Affairs Department, Federal Reserve Bank of Dallas. Dallas, TX: Economic Education of the Dallas Fed.
This article will help in understanding trade, exchange rates and international capital flows.
Wang, J. (n.d.). Understanding trade, exchange rates and international capital flows. Globalization and Monetary Policy Institute 2014 Annual Report. Federal Reserve Bank of Dallas.
Learn about the difference between monetary policy and fiscal policy as well as how they are related. Also, use the site for other questions you may have regarding this weekâ€s materials.
Board of Governors of the Federal Reserve. (2014, October 30). What is the difference between monetary policy and fiscal policy, and how are they related? Current FAQs: Informing the public about the Federal Reserve.
This link is for our Federal Reserve. If the topic involves “money†you will find resources here.
Board of Governors of the Federal Reserve System
The following resources may be helpful to you in learning more about the topics you will need to research for the assignment due this week.
Board of Governors of the Federal Reserve System
The Federal Reserve System: Purposes & Functions (9th ed.). (2005). Washington, DC: Board of Governors of the Federal Reserve System.
U.S. Monetary Policy: Questions & Answers. (2004). San Francisco, CA: Federal Reserve Bank of San Francisco.
Shadow Open Market Committee
Watch Video
Seinfeld – Kramer tucking Japanese guests in drawers to sleep
User: Keith Fox – Added: 10/4/11
YouTube URL: http://www.youtube.com/watch?v=MtsOQz2I09g
Watch Video
BP: Rich Fish – a PARODY by UCB’s The Brig
User: UCB Comedy – Added: 6/9/10
YouTube URL: http://www.youtube.com/watch?v=HtfevVB5eBk
In this episode of Seinfeld, Kramer is hosting Japanese tourists. They soon realize that 50,000 yen is not enough to cover their expenses in New York. This video will introduce the notion of exchange rates and how one currency translates into the value of another. (transcript in more section of video)
Parody of a BP Representative explains how the oil spill was just a way of sharing wealth with marine life. It illustrates that externalities exist in production.
Watch Video
Kevin Rudd: Are China and the US doomed to conflict?
User: TED – Added: 4/1/15
YouTube URL: http://www.youtube.com/watch?v=8XQ1onjXJK0
This video looks at how nations, through something as basic as exchange rates, can come to conflict.
Supplemental Resources:
Numerous supplemental articles on monetary policy for this weekâ€s material.
CentralBanking.com
Use these sites to help augment any research you may need for this weekâ€s subjects. It may be helpful to add a bookmark for each site in your internet browser.
The Brookings Institution
The Economist- Economics
Forbes- Economics & Finance
Investopedia
Bloomberg View- Economics
The White House Administration, Council of Economic Advisors
World Economic Forum
The Heritage Foundation
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