Part Four Macroeconomics Policy

1. The Federal Reserve System
   1. Structure of the Fed
   2. Functions of the Fed
2. Implementing Monetary Policy
   1. Policy Goals
   2. Operating Procedures
   3. Foreign Exchange Market Intervention
3. Monetary Policy and Equilibrium Income
   1. Money Demand
   2. Money and Equilibrium Income
4. The European Central Bank
   1. The Need for a European Central Bank
   2. The Structure of the ECB
   3. ECB Policy

Summary/Key Terms/Exercises