{"id":173,"date":"2024-05-30T03:28:10","date_gmt":"2024-05-30T03:28:10","guid":{"rendered":"https:\/\/course.oeru.org\/maec103\/?page_id=173"},"modified":"2024-05-30T03:28:10","modified_gmt":"2024-05-30T03:28:10","slug":"monetary-policy-required-reading","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/maec103\/learning-pathways\/introduction-to-monetary-policy\/monetary-policy-required-reading\/","title":{"rendered":"Monetary Policy required reading"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\"><div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"reading\" src=\"https:\/\/course.oeru.org\/maec103\/wp-content\/themes\/oeru_course\/idevices\/Icon_reading.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Required Readings: Introduction to Monetary Policy<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<div class=\"thumb tright\">\n<div class=\"thumbinner thumbnail\" style=\"width:302px;\"><a href=\"https:\/\/wikieducator.org\/File:US_Treasury_07110005.jpg\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"\/\/wikieducator.org\/images\/thumb\/5\/52\/US_Treasury_07110005.jpg\/300px-US_Treasury_07110005.jpg\" width=\"300\" height=\"400\" class=\"thumbimage img-responsive\"><\/a>  <\/p>\n<div class=\"thumbcaption\">US Treasury Building<\/div>\n<\/div>\n<\/div>\n<p>Before moving on, it is best that you take some time and get a grasp on some of the fundamentals of monetary policy.\n<\/p>\n<p>While reading, consider the following questions:\n<\/p>\n<ol>\n<li> While the example here is American, how different or similar is monetary policy where you live?\n<\/li>\n<li> What do you think some of the results are from the shift from fiscal to monetary policy?\n<\/li>\n<\/ol>\n<ul>\n<li> Read &#8220;US Department of State: Christopher Conte and Albert R Karr&#8217;s &#8220;An Outline of the US Economy&#8221; from Chapter 7:  of  the <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/www.saylor.org\/site\/wp-content\/uploads\/2011\/07\/ECON102-1.3.2.pdf\">Monetary and Fiscal Policy<\/a> text book, which gives you an overview of the breadth of the reach of the US government when it comes to monetary policy.\n<\/li>\n<\/ul>\n<ul>\n<li> Read <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/learn.saylor.org\/pluginfile.php\/31614\/mod_resource\/content\/2\/ECON102-VeronicaGuerrieri-MonetaryPolicy-CCBYNCSA.pdf\">MIT: Veronica Guerrieri&#8217;s &#8220;Principles of Macroeconomics, L16-L17: Monetary Policy&#8221;<\/a> lecture notes, which provide important details regarding attempts to manage the money supply and interest rates while achieving macroeconomic goals. As you are likely aware by now, monetary policy and fiscal policy are two instruments by which governments address economic expansions or contractions. As you progress in this course, keep in mind one instrument may be more effective in addressing those matter\n<\/li>\n<\/ul>\n<p>Having read these texts, jot down any of your reflections, thoughts or questions on this subject in a WeNotes post.\n<\/p>\n<\/p>\n<div><p>You must be logged in to post to WEnotes.<\/p><\/div>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/p>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.098 seconds\nReal time usage: 1.326 seconds\nPreprocessor visited node count: 113\/1000000\nPreprocessor generated node count: 818\/1000000\nPost\u2010expand include size: 4815\/2097152 bytes\nTemplate argument size: 3341\/2097152 bytes\nHighest expansion depth: 7\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:177090-0!*!*!*!*!2!* and timestamp 20240530032809 and revision id 1041030\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/maec103\/learning-pathways\/introduction-to-monetary-policy\/introduction-and-objectives\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/maec103\/learning-pathways\/introduction-to-monetary-policy\/the-purposes-of-money\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Macroeconomics_monetary_policy\/Macroeconomic_policy\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"cf4b58c4fc72dfbfd8680a49c490f6b8\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Macroeconomics_monetary_policy\/Macroeconomic_policy\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"cf4b58c4fc72dfbfd8680a49c490f6b8\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>\u2190 Previous Next \u2192<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":169,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-173","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/comments?post=173"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/173\/revisions"}],"predecessor-version":[{"id":174,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/173\/revisions\/174"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/169"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/media?parent=173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}