Net export effect - PowerPoint PPT Presentation

ECO 120- Macroeconomics

ECO 120- Macroeconomics. Weekend School #2 9 th June 2007 Lecturer: Rod Duncan Previous version of notes: PK Basu. Topics for discussion. Module 4 - The role of the government The tools the Australian government controls to smooth short-run fluctuations in the economy

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Monetary Policy

Monetary Policy. Goals of Monetary Policy. Not profit motivated “assist in achieving a full-employment, noninflationary level of total output” 1960s: focus full-employment Post-1970s: focus inflation Alters M by altering excess reserves to affect output and prices.

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