Week of 12/03/12

This week I am not going to give as much detail. We will begin a new part of the unit later this week: How Banks & Thrifts Create Money. We will be challenging some of your conceptions about banking and will begin to see how the Federal Reserve can get banks to control the supply of Money. Please note, we will have a Quiz Wednesday on Chapter 13.

Monday
The Federal Reserve System is the glue that makes the our banking system run and makes our banks safer than before the Great Depression.

1. Federal Reserve System
• Diagram the structure of the Federal Reserve System


2. Chapter 13 Short Answer Questions

Homework: Chapter 13 Problems

Tuesday

We will look at the mathematical equation of how the money supply balances with the price level.

1. Discuss Chapter 13 Problems
2. Activity 36: The Monetary Equation of Exchange

Homework: Chapter 13 Multiple Choice Questions

Wednesday

Last wraps on Chapter 13 before the Quiz today.

1. Discuss Chapter 13 Multiple Choice Questions
2. Quiz: Chapter 13

Homework: Read & Note from Chapter 14 pp. 265-271

Thursday

We will begin looking at the banking system and the role it plays over the commercial banks thrifts.

1. How Banks & Thrifts Make Money
2. Chapter 14 Short Answer Questions

Homework: Read & Note from Chapter 14 pp. 271-279, and complete the Fill-In Questions (to be collected Friday)

Friday

More on the Banking System.

1. Activity 37: The Multiple Expansion of Checkable Deposits
2. Economics U$A: (Unit 21) The Federal Reserve

Homework: Chapter 14 True/False Questions (justify your answers)