Lecture 7-ECON2123-LI-stu.pdf - IS-LM Equilibrium for Both Goods Financial Markets(part I Lecture 7 Announcements Assigned Reading Textbook Chapter

Lecture 7-ECON2123-LI-stu.pdf - IS-LM Equilibrium for Both...

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Lecture 7 September 26, 2019 IS-LM: Equilibrium for Both Goods & Financial Markets (part I)
Announcements Assigned Reading: Textbook, Chapter 5 (the most important chapter before midterm exam), Section 5.1 and 5.2 Supplementary reading for financial markets: (optional reading; not subject to exam) Negative interest rates Negative interest rate definition Negative interest rate policy (NIRP) definition What Negative Interest Rates Mean for Investors Negative interest on excess reserves ECON 2123 Macroeconomics by Yao Amber Li --Chapter 5 2