Ch28 - W09 - Introduction to Macroeconomics AS/ECON1010 3.0...

Info iconThis preview shows pages 1–10. Sign up to view the full content.

View Full Document Right Arrow Icon
Introduction to Macroeconomics AS/ECON1010 3.0 Section A– Fall 08 Professor: Art Noordeh, PhD Web site: www.noordeh.pageout.net
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Teaching Assistants Susi Ma , susima@yorku.ca T, R, 1:30 – 4:30, Room: 1083VH, Naghma Gilani , naghma@econ.yorku.ca T, R, 10 – 1 pm, Room: 1087VH
Background image of page 2
Course Evaluation Midterm Exam #1 (25%): M. Oct. 6, in class Midterm Exam #2 (25%): M. Nov.10, in class Assignment (30%): Due M. Dec. 1, 08 @11:45 pm Final Exam (20%): M. Dec. 1, in class (Cumulative)
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Reading/Homework for Nov. 5, 08 Reading: Text – Ch. 28 Practice Exercises: Practice Exercises: All review Quizzes & All review Quizzes & Odd-numbered problems Odd-numbered problems Study Guide: Ch. 28 Key Concepts & all Multiple Choice Key Concepts & all Multiple Choice questions questions Aplia: Aplia: Related Practice questions/problems Related Practice questions/problems
Background image of page 4
Chapter 28 (6 th Ed.) Monetary Policy
Background image of page 5

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Objectives The structure of the Bank of Canada Tools used by the Bank of Canada to conduct Monetary Policy An open market operation How the Bank of Canada changes the quantity of money? How the Bank of Canada influences interest rates? How the Bank of Canada influences the economy?
Background image of page 6
The Bank of Canada The Bank of Canada is Canada’s central bank. A central bank is the public authority that supervises financial institutions and markets and conducts monetary policy. Monetary policy is the attempt to control inflation and moderate the business cycle by changing the quantity of money and adjusting interest rates and the exchange rate.
Background image of page 7

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
The Bank of Canada The Bank of Canada was established in 1935. The governor of the Bank is appointed by the federal government. The current governor, who was appointed in 2001, is David Dodge. There are two possible models for the relationship between a central bank and government: Independent central bank Independent central bank Subordinate central bank Subordinate central bank
Background image of page 8
The Bank of Canada An independent central bank sets its own goals
Background image of page 9

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 10
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 30

Ch28 - W09 - Introduction to Macroeconomics AS/ECON1010 3.0...

This preview shows document pages 1 - 10. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online