Monday, November 3, 2014

Money and Present Value

In class students took a quiz on Aggregate Supply/Aggregate Demand.  Afterwards, we reviewed the financial system, financial assets (stocks, bonds, loans), and financial intermediaries (mutual funds, pension funds, insurance agencies, banks).

Finally, we covered module 23 and module 24 which covered the role of money and different types of money.  Then we looked at Present Value in making choices.

The notes are attached and the homework is listed below.

Notes - Money and Present Value

HW - pg. 290 (5-9)
          Read Module 25 - Banking and Money Creation

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