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TOPIC 6

TOPIC 6 Putting the Economy Together: A Review (Mostly) The Money Market (Market 1): Money Supply Nominal Money Supply (M s ) : Affected By the Fed Fed conducts monetary policy to increase Money Supply - Open Market Operations - Decrease the reserve ratio

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788 views • 32 slides

Lecture 2

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329 views • 16 slides

The Costs of Major Wars: The Phoenix Factor

The Costs of Major Wars: The Phoenix Factor. A.F.K. Organski and Jacek Kugler. Introduction. Distribution of power ? Major War Major War ? Distribution of power?. Theoretical Propositions. Keynes Short run: like an opening and closing of a pair of scissors

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194 views • 9 slides

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A f k - PowerPoint PPT Presentation

TOPIC 6

Lecture 2

The Costs of Major Wars: The Phoenix Factor