Damien Gonot
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Economics

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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

https://mru.org/

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

Raoul Pal's Masterclass on Recession & Inflation

https://www.youtube.com/watch?v=NVnbFQjqh5o