{"id":195,"date":"2024-05-30T03:28:14","date_gmt":"2024-05-30T03:28:14","guid":{"rendered":"https:\/\/course.oeru.org\/maec103\/?page_id=195"},"modified":"2024-05-30T03:28:14","modified_gmt":"2024-05-30T03:28:14","slug":"introduction-and-objectives","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/maec103\/learning-pathways\/issues-with-monetary-policy\/introduction-and-objectives\/","title":{"rendered":"Introduction and objectives"},"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\">\n<div class=\"thumb tright\">\n<div class=\"thumbinner thumbnail\" style=\"width:302px;\"><a href=\"https:\/\/wikieducator.org\/File:Euros-billets-de-banque-1456099763Qt9.jpg\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"\/\/wikieducator.org\/images\/thumb\/b\/bf\/Euros-billets-de-banque-1456099763Qt9.jpg\/300px-Euros-billets-de-banque-1456099763Qt9.jpg\" width=\"300\" height=\"200\" class=\"thumbimage img-responsive\"><\/a>  <\/p>\n<div class=\"thumbcaption\">Euro currency<\/div>\n<\/div>\n<\/div>\n<p>Here we continue our exploration of monetary policy, turning our focus to issues around monetary policy and other macroeconomic factors. These issues include time orientations, lender reluctance, and the liquidity trap. You will also look at short-run equilibrium and trade-offs between inflation and unemployment, as demonstrated through the Phillips curve. Finally, we will consider complex or unconventional policies that attempt to control or stabilize the financial system in the economy.\n<\/p>\n<p>\n<\/p>\n<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=\"objectives\" src=\"https:\/\/course.oeru.org\/maec103\/wp-content\/themes\/oeru_course\/idevices\/Icon_objectives.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Objectives<\/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<p>Upon successful completion, you will be able to:\n<\/p>\n<ul>\n<li> describe how crowding out occurs and its connections to fiscal and monetary policies;\n<\/li>\n<li> discuss the arguments for side supply approaches to economic growth separating macroeconomic and microeconomic variables;\n<\/li>\n<li> describe the key components of the monetarist perspective; and\n<\/li>\n<li> explain why the Phillips curve is vertical in the long run.\n<\/li>\n<\/ul>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.019 seconds\nReal time usage: 0.024 seconds\nPreprocessor visited node count: 109\/1000000\nPreprocessor generated node count: 827\/1000000\nPost\u2010expand include size: 2313\/2097152 bytes\nTemplate argument size: 896\/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:177045-0!*!*!*!*!2!* and timestamp 20240530032610 and revision id 1042894\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\/outputs-introduction-to-monetary-policy-challenge\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/maec103\/learning-pathways\/issues-with-monetary-policy\/issues-with-monetary-policy\">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\/Introduction_to_monetary_policy_issues\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"c3a2a098d92e47406d06904c36fe4e2b\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Macroeconomics_monetary_policy\/Introduction_to_monetary_policy_issues\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"c3a2a098d92e47406d06904c36fe4e2b\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>Euro currency Here we continue our exploration of monetary policy, turning our focus to issues around monetary policy and other macroeconomic factors. These issues include time orientations, lender reluctance, and the liquidity trap. You will also look at short-run equilibrium and trade-offs between inflation and unemployment, as demonstrated through the Phillips curve. Finally, we will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":193,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-195","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/195","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=195"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/195\/revisions"}],"predecessor-version":[{"id":196,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/195\/revisions\/196"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/pages\/193"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/maec103\/wp-json\/wp\/v2\/media?parent=195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}