Monetary Policy - 3 lessons - A2/Yr2

Economics Monetary Policy - 3 lessons - A2/Yr2
Theory, activities, videos and assessment.

Lesson 1
1) To understand the interaction of money supply and demand
2) To understand and apply the objectives of Monetary Policy
3) To apply modern methods (instruments) of money supply and its consequences
Monetary base control
Open Market Operations (OMOs)
Setting interest rates

Lesson 2
To demonstrate the relationship between interest rates and exchange rates through linked analysis
To understand the transmission mechanism
To apply and analyse monetary policy in view of the mechanism

Lesson 3
To review, apply and analyse monetary policy in view of the transmission mechanism
To develop arguments for and against monetary policy for use in evaluation
To attain a brief knowledge of monetary policy history