Macroeconomics monetary policy/Introduction to monetary policy issues



Here we continue our exploration of monetary policy, turning our focus to issues around monetary policy and other macroeconomic factors. These issues include time orientations, lender reluctance, and the liquidity trap. You will also look at short-run equilibrium and trade-offs between inflation and unemployment, as demonstrated through the Phillips curve. Finally, we will consider complex or unconventional policies that attempt to control or stabilize the financial system in the economy.