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Eco 242
Macroeconomic Theory and Policy

Eshragh Motahar
Winter 2019

Office Hours:  Tuesdays and Thursdays 4:00-5:00, and by appointment.  Telephone:  388-6065.  E-mail:  motahare@union.edu

 

 

Financial Markets Revisited

The Extended IS-LM Model

• Distinction between nominal and real interest rates

• The concept of risk

• The role of financial intermediaries

• Using the extended IS-LM model to explain the recent financial crisis

 

  Check the summary and key terms at the end of each chapter. Also, do the problems and questions at the end of each chapter.

 

Reading Assignment

Textbook and MyEconLab: Chapter 6.  Please note that ALL of the material in this chapter is required.

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