This lesson explains the rationale for targeting interest rates instead of directly having a money supply target. [Banking, Money, Finance playlist: Lesson 16 of 24]

This 15-minute video lesson explains why the Chinese buying of American debt leads to lower interest rates. [Core Finance playlist: Lesson 68 of 184]

This 9-minute video lesson provides an overview of price inflation and how it is calculated. [Core Finance playlist: Lesson 179 of 184]

This 4-minute video lesson explains the basic dynamic of an interest rate swap. [Core Finance playlist: Lesson 183 of 184]

This 5-minute video lesson continues the discussion of Interest Rate Swaps. This is the final video in the Core Finance Playlist. [Core Finance playlist: Lesson 184 of 184]

Principles of Macroeconomics 2e covers the scope and sequence of most introductory economics courses. The text includes many current examples, which are handled in a politically equitable way. The outcome is a balanced approach to the theory and application of economics concepts. The second edition has been thoroughly revised to increase clarity, update data and current event impacts, and incorporate the feedback from many reviewers and adopters.Changes made in Principles of Macroeconomics 2e are described in the preface and the transition guide to help instructors transition to the second edition.

By the end of this section, you will be able to:

Contrast expansionary monetary policy and contractionary monetary policy
Explain how monetary policy impacts interest rates and aggregate demand
Evaluate Federal Reserve decisions over the last forty years
Explain the significance of quantitative easing (QE)

By the end of this section, you will be able to:

Explain the structure and organization of the U.S. Federal Reserve
Discuss how central banks impact monetary policy, promote financial stability, and provide banking services