Economics
Economics
Monetary Policy
M1
M1 includes cash and checking deposits, while near money refers to savings deposits, money market securities, and other time deposits (in amounts less than $100k).
M2
M2 is a calculation of the money supply that includes all elements of M1 as well as "near money." These assets are less liquid than M1 and not as suitable as exchange mediums, but they can be quickly converted into cash or checking deposits.
Resources
Principles of Economics
https://learning.edx.org/course/course-v1:StanfordOnline+ECONX0001+1T2021/home
How The Economic Machine Works by Ray Dalio
https://www.youtube.com/watch?v=PHe0bXAIuk0
The origins of the financial crisis
https://www.economist.com/schools-brief/2013/09/07/crash-course
Marginal Revolution University
Principles of Economics: Macroeconomics
Causes of wealth, Solow growth model, financial intermediation, unemployment, inflation, business cycles, monetary policy, fiscal policy, and more. https://mru.org/principles-economics-macroeconomics-0