Chapter 29 - The Monetary System
Barter 1:20
What is money? 2:26
Functions of money 3:27
Commodity money vs fiat money 7:22
Money in the US economy 10:25
M1 and M2 12:50
The Federal Reserve System 16:43
Jobs of the Fed 20:58
The impact of banks on the money supply 25:32
Fractional reserve banking and money creation 32:36
The money multiplier 43:16
The tools of the Fed 46:36
Problems in controlling the money supply 55:27
Пікірлер: 69
your videos made me score a distinction in semester 1. Keep up the good work
@DrAzevedoEcon
6 ай бұрын
Congratulations! Happy to help!
Just get addicted to many of your lectures! Please continuing teaching like this as I deeply appreciate!
@DrAzevedoEcon
3 жыл бұрын
Ha! I'm glad the videos are helping!
Thank you professor. Your lectures were quite engaging. I scored decent in my university test by watching your lectures a night before.
@DrAzevedoEcon
Жыл бұрын
I'm glad the videos helped!
Thank you so much, this really helps me.
Great study material!
Really helpful lecture sir, respect from India.
Really helped my mid exam !! Thank you sir
Thank you for the helpful video
This is great thank you
Great work... Please upload the lectures of remaining chapters also🙏
Thank you so much!
Quote what I learnt from this series, your lessons is truly positive externality! Many thanks💐
@DrAzevedoEcon
Жыл бұрын
You're welcome! Glad to help!
perfect
I'm a Chinese student, it's hard for me to look for the English lessons of principles of economics. Really thank you for your lessons.
@WillTheVideoMaker
Жыл бұрын
Well, if you are a Chinese student, then you could easily have searched up economics with the Chinese characters, and is just as great as this one, if not better
Спасибо большое!!!!! полезно тем, кто в последний день готовится к экзамену
@DrAzevedoEcon
Жыл бұрын
Я рад помочь!
The things you said about effects of the cahnges in discount rate and what you write about it are different, and I think the things on the board are the accurate ones. But thank you a lot for these lectures. The lectures are amazing.
@DrAzevedoEcon
11 ай бұрын
Hmmm....I didn't find a mistake in the video, but I know there there are certainly times when I say one thing and write another. My students will usually point it out if we're in a face-to-face class. Glad you like the videos!
Thank you professor for the amazing videos
@DrAzevedoEcon
5 ай бұрын
You're welcome!
sir your teaching style is fantastic ......the way you teach the concepts get printed in the mind
@DrAzevedoEcon
Жыл бұрын
Thanks! I've been teaching for a long time. Happy to help!
Best teacher ever !
@DrAzevedoEcon
Жыл бұрын
Thanks! Glad to help!
Thank you 🙏🏾
@DrAzevedoEcon
Жыл бұрын
You're welcome!
Very useful lectures thank you!
@DrAzevedoEcon
7 күн бұрын
You're welcome! Glad to help
great class! watching from brazil!!
@DrAzevedoEcon
5 ай бұрын
Thanks!
I have a question, can you explain how to calculate leverage ratio? Thank you!
Sir please, post lectures on monetary economics, managerial economics,and also mathematical economics, stay blessed
Love your new lectures! Very cool system of looking at audience while writing… are you writing backwards so we can see everything properly?If I may make a suggestion, can you write a little larger, most of my students (and me) watch your videos on phones. You have a kind voice and I love that you speak slow enough for students to process the information you are teaching.
@DrAzevedoEcon
2 жыл бұрын
Thanks for the kind words! Not writing backwards...the video is just flipped so that it looks that way. I'll try to write larger in the future. I have a habit of trying to fit a lot of information in a small space so that I don't have to erase as much. That's not conducive to watching on a phone.
Thanks for the video. I am preparing for a quiz and the final exam later in the semester.
@DrAzevedoEcon
Жыл бұрын
You're welcome. Good luck on the quizzes and exam!
@QueenV90z
Жыл бұрын
@@DrAzevedoEcon thank you! 😊
great lecture sir love from iter soa university bbsr india
From May 2020 on, M1 comprises currency, demand deposits, and other liquid deposits. Since Savings accounts are now more liquid, they are no longer part of M2 but part of M1.
@DrAzevedoEcon
2 жыл бұрын
Good point. I'll need to record a new video very soon because the tools of the Fed have changed as well.
Hey can you help me out with this? Which of the following statements regarding the capital requirement is true? Check all that apply. It specifies a minimum leverage ratio for all banks. The higher the percentage of assets a bank holds as loans, the higher the capital requirement. Its intended goal is to protect the interests of those who hold equity in the bank.
can you suggest some more economic interviews or podcast or books . also your videos are very helpful and engaging.
@DrAzevedoEcon
Жыл бұрын
If you haven't read the Freakonomics books, I highly recommend them. I also recommend the book Reinventing the Bazaar by John McMillan....one of my favorite books.
Do I have to start watching these in the numerical order - from the very first one onward - or can I watch them at random? I've no knowledge about economics whatsoever; it's just certain videos interest me more than others. My only concern is that I don't understand this or a few previous ones, without having watched all the videos you posted in the beginning of the course.
How is this guy so good at writing backwards
Thank u professor
@DrAzevedoEcon
Жыл бұрын
You're welcome!
thank you sir love from iter soa university iter
Amazing how he can do mirror writing!!!
@mawiachinzah7141
7 ай бұрын
Yap
Not sure if I got that right. Even though the transfer of money from bank A to B doesn’t create new money, the expenditure of the credit does as it leads to a new account and new credits loaned. The example of the buried money might be misleading in that respect as this example is completely negligible. Furthermore, I think that the reserve rate can’t be equated with currency as it wasn’t currency in the first place. It is basically just a digital number. I bet that if 5% of all Americans tomorrow would only withdraw 5% of all deposits that the financial institutions wouldn’t stand a chance in hell to pay it in cash. It is in my humble opinion but a token to comfort the public. Thank you for your work.
Thanks for brief explanation. Could you say which book do you refer?
@DrAzevedoEcon
Жыл бұрын
You're welcome! I use the text Principles of Economics by Mankiw.
56:10 in a jar? 😅 funny. Good videos btw
@DrAzevedoEcon
Жыл бұрын
Ha! Thanks!
bro how do you write backawrds like that or am i missing something
@DrAzevedoEcon
Жыл бұрын
I wish that I could claim that I have mastered reverse writing with my left hand. However, I'm actually writing with my right hand, and I'm writing correctly from my perspective. The image is simply reversed, so that it looks correct from the camera's perspective.
what about the change in the constitution in 1913
@DrAzevedoEcon
Жыл бұрын
You'll have to be more specific about what you're asking.
who are the investors ?
@DrAzevedoEcon
Жыл бұрын
It depends on how you are using that term. Recall that in economics, we use the term 'investment' to refer to what businesses are doing when they buy buildings or equipment in order to produce more output in the future (households also invest when they purchase a new house....we call this residential investment). This is different from how people use the term in everyday language, where it is used to refer to the purchase of a financial asset. If I answer your question as an economist, the investors are the businesses buying buildings or equipment to use to make output. If I answer your question as a noneconomist, the investors would be anyone buying a stock, bond, or other financial investment.
seriously where is the money coming from
@DrAzevedoEcon
Жыл бұрын
I answer this question starting at the 31 minute mark of the video.
You explain in a way that I don’t care about how much is your vedio ! I just want to listen to you Many thanks🤍