Note:  The lecture notes are not meant as a substitute for your own class notes.  Rather, they are meant to assist you in taking class notes.  In no cases are they complete representations of the course material, and in most cases, they will not be comprehensible without your having attended class.

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Course Schedule
Week Subject Lecture Notes Mishkin Reading

Introduction to Financial Markets and Money

Skim chapters 1-3

  Review of AD-AS


Appendix Chapter 1
Chapter 23 - pp 536:550
Chapter 25

Introduction to Money; Review of AD/AS and effects of monetary policy.


Chapters 3


  In Class Workshop: A Trading Experiment
(Please download instructions on the right)
Instructions for Trading Experiment  

Introduction to Interest Rates

Lecture3.pdf Chapter 4
  Experiment: Scheduled for second half of regular class time on Thursday!    
4 Central Banks and the Federal Reserve System Lecture4.pdf Chapter 14
5 Money Supply and Money Creation; Money multiplier; factors affecting money supply Lecture5.pdf Chapters 15 and 16
6 Midterm 1 Exam: in class at regular scheduled time on Tuesday    
  Market for Reserves and Federal Funds Lecture6.pdf Chapter 17
7 The Demand for Money Lecture7.pdf Chapter 22
8 Goals and Targets of Monetary Policy Lecture8.pdf Chapter 18
Chapter 21: pp. 487-488, 496-512
Chapter 27: pp 650-655
9 The IS-LM Model Lecture9.pdf 23
10 IS-LM Part II Lecture10.pdf Chapter 24, 25
11 Midterm 2 Exam: in class at regular scheduled time on Thursday  
12 Policy Implications in IS-LM; Shocks Lecture11.pdf
  Experiment: Scheduled for second half of regular class time on Thursday!    
13 The Behaviour of Interest Rates Lecture12.pdf Chapter 5
14 Risk and Term Structure Lecture13.pdf Chapter 6
15 The Stock Market; Expectations Lecture14.pdf Chapter 7



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University of Wisconsin - Whitewater, Whitewater, WI 53190

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