IB Economics Topic 3.5 Demand Management - Monetary Policy (SL/HL) covers syllabus content. Use these notes, questionbank, videos, flashcards, and lessons to review the topic, practise exam questions, and move between notes, videos, flashcards, and lessons where available.
What this topic covers
3.5.1 Monetary Policy
3.5.2 Goals of Monetary Policy
3.5.3 The Process of Money Creation by Commercial Banks (HL Only)
3.5.4 Tools of Monetary Policy (HL Only)
3.5.5 Demand and Supply of Money (HL Only)
3.5.6 Real Versus Nominal Interest Rates
3.5.7 Expansionary and Contractionary Monetary Policies to Close Deflationary/Recessionary and Inflationary Gaps
3.5.8 Effectiveness of Monetary Policy