Lecture 13(1)

.pptx
School
The Chinese University of Hong Kong **We aren't endorsed by this school
Course
SEEM 2520
Subject
Economics
Date
Nov 5, 2023
Pages
28
Uploaded by AgentMorning12360 on coursehero.com
SEEM2520 Lecture 13 Central Banks, Monetary Policy and Fiscal Policy Prof. Lingfei Li Department of Systems Engineering and Engineering Management The Chinese University of Hong Kong November 30, 2022 1
Outline Central banks - The central bank of a country is a national bank that controls the money supply and is responsible for the formulation of monetary policy and regulation of member banks. Monetary policy - Actions taken by central banks to affect money supply and interest rates in the economy. Fiscal policy - The use of government spending and taxing to influence the economy. Related readings: ME Chapter 9 and 10, BKM Chapter 12. 2
Central Banks 3
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