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Author Archives: Amanda Howell
Money Mondays: Wrap Up
This semester we’ve discussed a number of topics related to economics, including supply and demand, competition, unemployment, and the GDP. Hopefully when you listen to the Economy stories on NPR now, you’ll feel like this: Rather than like this: If … Continue reading
Money Mondays: International Economics
So far this semester we’ve talked a lot about economics in terms of a single country. However, the economies of other countries have an effect on our economy, as well. One way this is obvious is by looking at exchange … Continue reading
Posted in money mondays
Tagged economics, economy, international
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Money Mondays: Gross Domestic Product
The Gross Domestic Product, or GDP, is probably one of those acronyms that you’ve heard a lot but don’t really understand unless you’ve taken an economics course. According to Investopedia, GDP is “the monetary value of all the finished goods … Continue reading
Posted in money mondays
Tagged economics, economy, GDP, gross domestic product
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Money Mondays: Unemployment
One often-discussed economic topic is that of unemployment. If you ever listen to the news, you’ve probably heard someone mention the unemployment rate. “This is the number of unemployed persons divided by the number of people in the labor force” … Continue reading
Posted in money mondays
Tagged economics, economy, labor market, unemployment
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Money Mondays: Monetary Policy
A few weeks ago we talked about the roles of the Federal Reserve, one of which is to develop monetary policy. This is managed by the Federal Open Market Committee, also known as the FOMC. The FOMC “[determines] the size … Continue reading
Posted in money mondays
Tagged economics, economy, federal reserve, monetary policy
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Money Mondays: Inflation
Last week we discussed the Federal Reserve System, which is responsible for managing the economic health of our country. There are a number of factors the Fed must consider when creating effective monetary policy. One such factor is inflation, which … Continue reading
Posted in money mondays
Tagged economics, economy, inflation, purchasing power
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Money Mondays: The Federal Reserve
The Federal Reserve, also called the Fed, is the central banking system in the United States. The Fed is responsible for printing national currency, issuing savings bonds and Treasury bills, regulating domestic and foreign member banks, and engaging in monetary … Continue reading
Posted in money mondays
Tagged economics, economy, federal reserve
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Looking for Images?
Are you looking for images to use in your upcoming presentation? In order to avoid violating copyright, check out some of the websites below. Each site includes images that you can use without breaking copyright laws. Some of the images … Continue reading
Posted in tech tips
Tagged copyright, creative commons, images, photographs, photos
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Money Mondays: Competition
A few weeks ago we talked about supply and demand, and how there is an ideal equilibrium between the two. This equilibrium exists because of competition in the marketplace. According to Investopedia, “Under perfect competition, there are many buyers and … Continue reading
Posted in money mondays
Tagged adam smith, competition, economics, economy, invisible hand
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Money Mondays: Cost-Benefit Analysis
Last week we talked about opportunity cost, or the cost of choosing to do or buy one thing rather than another. Think back on some of the big decisions you’ve made, such as choosing a college. When you made that … Continue reading
Posted in money mondays
Tagged cost benefit analysis, decision making, economics, economy
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