Skip to main content

Dealing with Financial Crises: Deficits & Debt, and Fiscal vs. Monetary Policies

Go Search
Home
About
New Atlas
Atlas, A-Z
Atlas Maps
MPP/MPA Programs
Subjects
Core Topics
Illustrative Courses
Topic Encyclopedia
Concept Dictionary
Competencies
Career Tips
IGOs
Best Practices Project


 

A Teaching Topic in Fiscal, Monetary and Tax Policy 

Dealing with Financial Crises: Deficits & Debt, and Fiscal vs. Monetary Policies

 

Topic Learning Outcome:

Core Concepts associated with this Topic: Central Bank; Inflation; Interest Rate Parity; Monetary Neutrality; Monetary Policy; Money Multiplier; Nominal Exchange Rate; Nominal GDP; Open Market Operations; Overnight Rate; Quantity Equation; Quantity Theory of Money; Real Exchange Rate; Real Interest Rate; Theory of Interest Rate Parity; Velocity of Money; Financial System.

Recommended Reading

Carleton: PADM 5223S Economic Policy in Canada

Gordon Thiessen, The Thiessen Lectures, Bank of Canada Monograph, 1 – 91. http://www.bankofcanada.ca/en/pdf/thiessen-eng-book.pdf

Bank of Canada, Monetary Policy Report, January 2010. http://www.bankofcanada.ca/en/mpr/pdf/2010/mpr210110.pdf

Bank of Canada, Financial System Review, December 2009. http://www.bankofcanada.ca/en/fsr/2009/fsr_1209.pdf

Sample Assessment Questions:  

1.) What is monetary policy? What is the difference between monetary and fiscal policy?

2.) What is a central bank? What is the relationship between the central bank and the sitting government?

Page created by Sean Goertzen on 18 April 2015.

 


Important Notices
© University of Toronto 2008
School of Public Policy and Governance