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Ch. 8 & 12: Money, Price Level, and Inflation

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The Functions of Money; The Kinds of Money

  • Guided course
    Kinds of Money
    01:33
  • Guided course
    Functions of Money
    04:06
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    Definition of Money; Barter Economy; Double Coincidence of Wants
    02:30

Defining the Money Supply: M1 and M2

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    Defining the Money Supply: M1 and M2
    02:14

Required Reserves and the Deposit Multiplier

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    Bank Balance Sheet and Money Supply
    05:31
  • Guided course
    Required Reserves and the Deposit Multiplier
    03:16

Introduction to the Federal Reserve

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    Organization of the Federal Reserve
    05:05
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    Role of the Federal Reserve
    03:11

The Federal Reserve and the Money Supply

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    Money Supply:Discount Policy and Required Reserves
    05:42
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    Money Supply:Open Market Operations
    06:01

The Demand for Money

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    Money Demand
    01:51
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    Shifting Money Demand
    02:17

Quantity Theory of Money

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    Quantity Theory of Money and Inflation
    05:17
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    Quantity Theory of Money
    04:25

Demand-Pull and Cost-Push Inflation

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    Demand-Pull Inflation
    03:53
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    Cost-Push Inflation
    02:22

Disinflation and Deflation

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    Deflation
    02:29
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    Disinflation (Paul Volcker)
    07:18