Yunyi Ou (Olivia)
Student #: 18952144
Assignment #2
When risk of money rises, bond demand increase and money demand decrease (Substitution
Effect), also due to the increasing risk in money market, the total wealth (Bond + Money) is
declining (Wealth Effec
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Announcements
Today:
Chp. 1 Intro to Financial Markets, Money and Banking
Chp 2 An Overview of the Financial System
Monday:
Chp 2 An Overview of the Financial System
Chp 3 Money
Problem Set 1: poste
Announcements
Today:
Chp 2 An Overview of the Financial System
Chp 3 Money
Problem Set 1 on MyLab due Thursday, Sept. 24th at 11pm
Fed MeeFng Ends Tomorrow.
Fri:
Chp 3 Money
Chp 4 Interest R
Big News
The VSE and UBC will compete in the BoC Monetary Policy
Compe:on
Informa:onal Mee:ng Thurs., 24 Sept 6pm Buch-A103
I will select the team according to the criteria on the
next pages
Announcements
Today:
The Fed Decision
Chp 3 Money
Problem Set 1 on MyLab due Thursday, Sept. 24th at 11pm
You will have two chances to work each quesGon since this is the rst
Gme you are using My
Announcements
Today:
I
Chp 4: Understanding Interest Rates
Wed.:
I
Chp 4: Understanding Interest Rates
Fri.:
I
Chp 4: Understanding Interest Rates
I
Chp 5: The Behaviour of Interest Rates
Problem Set on MyLab due Thursday, 8 Oct. at 11pm.
UBC BoC Monetary
Announcements
Today:
I
Chp 4: Understanding Interest Rates
Mon.
I
Chp 4: Understanding Interest Rates
Wed.
I
Chp 4: Understanding Interest Rates
Problem Set on MyLab due Thursday, 1 Oct. at 11pm.
UBC BoC Monetary Policy Competition Team
UBC BoC Monetary P
Welcome to Econ 345
Money and Banking
1
Econ 345: Money and Banking
Dr. Jerry McIntyre
Oce: 1026 Buchanan Tower
Oce Hrs: MW 11 12, BuTo 1026; F 11 12pm at the
Boulevard Caf.
E-mail: gerald.mcintyre@ubc.ca
Telephone: 604-
Announcements
Today:
I
Chp 7: The Stock Market, the Theory of Rational
Expectations & the Efficient Market Hypothesis
I
Chp 15: Central Banks: the Bank of Canada (the BoC) and
the US Federal Reserve System (the Fed)
Monday:
I
Chp 15: Central Banks: the Ba
Announcements
Today:
Chp 2 An Overview of the Financial System
Chp 3 Money
Problem Set 1: posted on MyLab on Tuesday.
Wed:
Chp 3 Money
Fri:
Chp 3 Money
1
Important Events in Money & Ban
Announcements
Today:
I
Chp 5: The Behaviour of Interest Rates
Rest of Week WF:
I
Chp 5: The Behaviour of Interest Rates
Problem Set on MyLab due Thursday, 8 Oct. at 11pm.
Vancouver School of Economics Undergraduate Society
(VSEUS) invites you to an Econ W
Announcements
Today:
I
Chp 5: The Behaviour of Interest Rates
Friday:
I
Chp 5: The Behaviour of Interest Rates
Problem Set on MyLab due Thursday, 8 Oct. at 11pm.
Vancouver School of Economics Undergraduate Society
(VSEUS) invites you to an Econ Welcome Ev
Announcements
Today:
I
Chp 7: The Stock Market, the Theory of Rational
Expectations & the Efficient Market Hypothesis
I
Chp 15: Central Banks: the Bank of Canada (the BoC) and
the US Federal Reserve System (the Fed)
Friday:
I
Chp 15: Central Banks: the Ba
Announcements
Today:
I Chp 6: Risk and the Term Structure of Interest Rates
Problem Set on MyLab due Thursday, 22 Oct. at 11pm.
Wednesday:
I Chp 7: The Stock Market, the Theory of Rational
Expectations & the Efficient Market Hypothesis
Friday:
I Chp 7: Th
Announcements
Today:
I
Chp 4: Understanding Interest Rates
I
Chp 5: The Behaviour of Interest Rates
Next Week MWF:
I
Chp 5: The Behaviour of Interest Rates
Problem Set on MyLab due Thursday, 8 Oct. at 11pm.
UBC BoC Monetary Policy Competition Team
Vancouv
Announcements
Today:
I
Chp 7: The Stock Market, the Theory of Rational
Expectations & the Efficient Market Hypothesis
Problem Set on MyLab due Saturday, 24 Oct. at 11pm.
Monday Oct 26: Mid-term Exam in class. 33% of course grade
Bring:
I
UBC ID (without t
Announcements
Today:
I
Chp 5: The Behaviour of Interest Rates
I
Chp 6: Risk and the Term Structure of Interest Rates
Friday:
I
Chp 6: Risk and the Term Structure of Interest Rates
Problem Set on MyLab due Thursday, 22 Oct. at 11pm.
Monday:
I
Chp 6: Risk a
Announcements
Today:
I Chp 6: Risk and the Term Structure of Interest Rates
I Chp 7: The Stock Market, the Theory of Rational
Expectations & the Efficient Market Hypothesis
Problem Set on MyLab due Thursday, 22 Oct. at 11pm.
Friday:
I Chp 7: The Stock Mar
Announcements
Today:
I
Chp 6: Risk and the Term Structure of Interest Rates
Monday:
I
Chp 6: Risk and the Term Structure of Interest Rates
Problem Set on MyLab due Thursday, 22 Oct. at 11pm.
Wednesday:
I
Chp 6: Risk and the Term Structure of Interest Rate
Announcements
Today:
I
Chp 5: The Behaviour of Interest Rates
Next Wednesday:
I
Chp 5: The Behaviour of Interest Rates
Problem Set on MyLab due Thursday, 22 Oct. at 11pm.
Corporate and Government Bond Yields
The Yield Curve, Stocks, and Interest Rates
The Yield Curve as of 6/26/09 (from Bloomberg.com):
Bonds with identical risk, liquidity, and tax characteristics
have different interest rates based on time to maturity.
YIELD CURVE graph of bond yields for bon
Department of Economics
UNIVERSITY OF BRITISH COLUMBIA
ECON 345
Money and Banking
May 2014
G. Newman
Buchanan Tower 602
genewman@mail.ubc.ca
Text: Mishkin, Frederick S. and Apostolos Serletis, Economics of Money, Banking and Financial
Markets, Fifth Canad
Welcome to Econ 345:
Money and Banking
1
Econ 345: Money and Banking
Professor Jerry McIntyre, Ph.D.
Oce: 1026 Buchanan Tower
Oce Hrs: MW 11 12, BuTo 1026; F 11 12pm at the
Boulevard Caf.
E-mail: gerald.mcintyre@ubc.ca
Announcements
Today:
Chp 2 An Overview of the Financial System
Chp 3 Money
Problem Set 1 posted on MyEconLab over the weekend and
due in one week
Monday:
Chp 3 Money
Chp 4 Understanding Interest R
Announcements
Today: Chp 2 An Overview of the Financial System
Chp 3 Money
Chp 4 Understanding Interest Rates
Problem Set 1 on MyEconLab due Sunday, Sept. 14 at 11pm
(apparently there are two items
Announcements
Today:
Chp 3 Money
Chp 4 Understanding Interest Rates
Problem Set 1 on MyEconLab due Sunday, Sept. 14 at 11pm
I can edit the bo>om Problem Set 1 on the MyEconLab
home page, so do that v