LECTURE# 11: INTEREST RATES AND MONETARY POLICY

MACROECONOMICS WITH DR. SHERAZ
MSc (Economics): Quaid-e-Azam University, Islamabad
M.phil (Economics - University of York, UK)
PhD (Political Economy - University of York, UK)
dr.sherazmustafa@gmail.com
Suggested Books:
Macroeconomics by Abel, Bernanke and Croushore
Economics by Mcconnell, Brue, Flynn and Grant
Principles of Macroeconomics by Mankiw

monetary policy,interest rate,expansionary monetary policy,contractionary monetary policy,countercyclical monetary policy,liquidity trap,discount rate,reserve ratio,open market purchase,open market sale,money supply,money demand,investment,full employment output,lags,