Money and Banking: Lecture 1 - Money and the Economy

  Рет қаралды 222,507

Missouri State University

Missouri State University

11 жыл бұрын

This course covers the nature and functions of money. Topics include a survey of the operation and development of the banking system in the U.S. and an introduction to the monetary policy.
Learn more about Missouri State iCourses at outreach.missouristate.edu/ico...

Пікірлер: 74
@alunevans2377
@alunevans2377 Жыл бұрын
Good to see an economics professor emphasising the importance of money and prices
@matthewmatis6217
@matthewmatis6217 Жыл бұрын
I keep coming back to how good this lecture series years later after using it for a class
@sujaanaryal6355
@sujaanaryal6355 2 жыл бұрын
That lawnmower example pretty much sums up the whole Money story. Awesome!
@nooonee1000
@nooonee1000 7 жыл бұрын
Thank you professor, it's very helpful.
@libanmursal7461
@libanmursal7461 8 жыл бұрын
Thanks for sharing those great lecturers. By the way, may i know what text book are you using?
@channellwoods
@channellwoods 7 жыл бұрын
I appreciate the notes, great video
@janesa5097
@janesa5097 5 жыл бұрын
awesome lecture!
@syklab
@syklab 7 жыл бұрын
Very good lecture on banking
@zauraliyev6456
@zauraliyev6456 8 жыл бұрын
THANK YOU VERY MUCH FOR LECURES.
@heroeshow
@heroeshow 10 жыл бұрын
Amazing lecturer
@vsevolodnirdoshi8348
@vsevolodnirdoshi8348 7 жыл бұрын
Thank u for this lecture
@robbiemcghee5322
@robbiemcghee5322 3 жыл бұрын
Excellent lecture
@gibfiesta447
@gibfiesta447 7 жыл бұрын
Well, i happened to browse on the concept of banking just for the sake of getting some insights on how my account should operate, enough insights to just open an account. And i chose to play your lecture. And i really enjoyed and loved your lecture. So informative plus educative as you teach from the grass-root to the top every concept justified from the previous one and making sense automatically. I never thought that i will be overtaken by your lectures since i am pursuing my bachelor's degree in IT and surely i just find myself wanting to learn more from you. And another thing is that i find you humorous on the jokes you are cracking in relation to the topic of study. They make me laugh uncontrollably, although i am surprised when i hear the calmness inside that classroom when you crack those jokes. I just assume maybe they don't get the humor in those jokes or sometime the idea or concept in question. Otherwise, i am well pleased with your lectures and i appreciate the work you are doing to educate people without boarder limitation.
@lemonstrangler
@lemonstrangler 2 жыл бұрын
hey im studying IT too
@ReVaRush
@ReVaRush 8 жыл бұрын
Can I use this video for a video project for school?
@macieray7789
@macieray7789 5 жыл бұрын
I'm 13 and I'm enjoying this!😊
@oussamagharbi5419
@oussamagharbi5419 3 жыл бұрын
you are ahead all your friends keep it up try learn trading son
@oussamagharbi5419
@oussamagharbi5419 3 жыл бұрын
@William W. Campbell-Shepherd IX college is for wimps dude
@nicholasrevill6610
@nicholasrevill6610 3 жыл бұрын
Same
@nicholasrevill6610
@nicholasrevill6610 3 жыл бұрын
@@oussamagharbi5419 no, University is an Essential experience
@marcelo123456789lope
@marcelo123456789lope Жыл бұрын
Go find something else to do! Enjoy your childhood, this will not add any value for you now!
@salardz
@salardz Жыл бұрын
Can you please share some materials that at the end of session Dr.Tom mentioned?
@smartandsimpleSNS
@smartandsimpleSNS Жыл бұрын
Clear explanations
@untwerf
@untwerf 7 жыл бұрын
Hello, many thanks for the upload. Can you please advise what are the prerequisites for this course and if there is any recommended reading list?
@motnabbi1
@motnabbi1 4 жыл бұрын
Principles of macroeconomics
@yerpyaboy
@yerpyaboy 8 жыл бұрын
price doesn't rise when a firm produces to much and has a fall in inventory, so he then raises price to slow consumption and reinvest/ the IS curve? it can't be purely on demand. because once you know your( RS returns to scale) 90% of the time you could project your profits .
@SunilKumar-nh6tp
@SunilKumar-nh6tp 2 жыл бұрын
Thanks Sir.
@a.pereira.s.1494
@a.pereira.s.1494 2 жыл бұрын
What a letcure. Thank you
@vieuxnzitadebundes3097
@vieuxnzitadebundes3097 10 жыл бұрын
very good
@jordanflati
@jordanflati 8 жыл бұрын
Hearing talk of rising prices indicating rising demand, loans being translated immediately to consumer products, and other things like that make me wonder if he'll describe that more thoroughly in the rest of the series. For example, prices aren't just a function of demand, but are reflective of other factors like material and production costs. Though they TEND to reflect demand, costs clearly contribute to price as well. Also, we seem to be missing the element of time preferences with these loans. We don't hear anything here about businesses that take out loans for R&D projects, upgrades to processes, and other endeavors that don't directly yield products, but do change production. I'm not trying to be critical of the lectures, but I am curious if they go into more detail about ideas like these later on. Thanks.
@HimalayanBat86
@HimalayanBat86 8 жыл бұрын
thanks
@santiagop.levrino1756
@santiagop.levrino1756 2 жыл бұрын
do you know when was this recorded ?
@DrTrillips
@DrTrillips 9 жыл бұрын
God, my professor is a terrible teacher. Economics is very simple for me, my professor just does a shit job at teaching it. thank you!
@mihavatovec5770
@mihavatovec5770 3 жыл бұрын
Ill agree with you,there are no stupid students only a teachers who dont know how to explain the subject and leave the students with a lot off open questions
@louisli3436
@louisli3436 9 жыл бұрын
good!
@michaeldonley7741
@michaeldonley7741 Жыл бұрын
Dope video
@joshais1654
@joshais1654 Жыл бұрын
We’re exchanging two different labor assets for each other. No matter if it’s a car, clothes, food, or money supply dollars he talk about. Labor went into the item to be created and labor goes into the money supply dollars you earn from your job. So this should be considered bartering something for something else which indeed does changes your portfolio.
@bhupenderjhorda6677
@bhupenderjhorda6677 3 жыл бұрын
Can you plz upload these type of videos with english subtitles..... Plz this is a small request......
@suryaalok431
@suryaalok431 3 жыл бұрын
Subtitles are already there, you just need to turn on Captions bro.
@joshais1654
@joshais1654 Жыл бұрын
How they gone raise prices for something that’s already pre-paid thou
@joshais1654
@joshais1654 Жыл бұрын
What’s this man name and how to contact him
@elijahwalker989
@elijahwalker989 4 жыл бұрын
What’s the professors name
@nthperson
@nthperson 9 жыл бұрын
The insight missing from this elementary presentation is the tendency monetary expansion to be capitalized into higher and higher land prices. This is reflected very directly in the increased cost of residential property, despite the fact that manufacturing and construction efficiencies reduce the labor and capital goods component of housing construction costs. A second important indicator is the rise in the cost of leasing housing in an apartment building. What too few economics professors acknowledge is what their predecessors (the political economists) understood very clearly: that the most fundamental redistribution of income and wealth in any society is from producers to non-producers (i.e., to those generally referred to as "rentiers").
@denymishra8253
@denymishra8253 5 жыл бұрын
Will u plz mind reciting some sources regarding the points u hav mentioned
@kanhiyalaal5219
@kanhiyalaal5219 4 жыл бұрын
We have good explanatn
@nthperson
@nthperson 2 жыл бұрын
@@denymishra8253 It is two years later, but perhaps this response will reach you and find you have continued interest. I recommend reading Henry George's book, "The Science of Political Economy," published back in 1898.
@timgroup9390
@timgroup9390 10 жыл бұрын
good..
@coffle1
@coffle1 Жыл бұрын
Increasing the money supply is a little deceptive in its presentation here. Yes more money gives more purchasing power, but only for those who receive the newly created money first (given a low-interest bearing environment). if we're talking about regular everyday individuals, then it's not the same story
@dustinkim3914
@dustinkim3914 5 жыл бұрын
well I think this lecture is moral, I've learned abundant things that how to deposit money and how to use it wisely. Now i'm like in a middle school, but then I've never got this lesson. It probably should be in a elementary subjects, It insight missing from elementary apparently.
@ClassicJukeboxBand
@ClassicJukeboxBand 9 жыл бұрын
My father in law once wrote a textbook about Money and Banking.
@tobysieffrothschild7555
@tobysieffrothschild7555 7 жыл бұрын
ClassicExampleBand wots it called l would be interested in studying it yours truly Toby s ROTHSCHILD
@coollikeicexuxi
@coollikeicexuxi 9 жыл бұрын
what are these annoying sounds in the speakers ???
@joshais1654
@joshais1654 Жыл бұрын
Robots and patriots on KZfaq on how and why these bonds have value
@aravtiwari5950
@aravtiwari5950 2 жыл бұрын
If you have 5 lawnmowers- start a garden uplifitng company, make money and legally evade taxes.
@marcy6399
@marcy6399 3 жыл бұрын
Am I the only person with some economic knowledge that sees the last few years as being FISHY? Under Trump, a political outsider, there were tariffs that lessen supply right before a recession or lack in demand. And that the recession was mostly blamed on a virus that kills mostly the elderly and those that are frail, or the least productive? Does it not ring of economic planning??? Also inflation/CPI in such a tight bound, 0-3%, in almost a decade on a month-to-month basis! I could not find similar inflation figures in over one hundred years of data. WHO OR WHAT IS DOING THIS???
@limim9061
@limim9061 2 жыл бұрын
0bama
@joshais1654
@joshais1654 Жыл бұрын
Ourselves because we don’t cancel the debt, corporations cause inflation raising prices for something already prepaid and we don’t make it no better by trying to save money up. Robots and patriots on KZfaq
@HappyCheeseCat
@HappyCheeseCat 4 жыл бұрын
You have to go to University to learn this? LOL It should be taught in 3rd grade.
@user-du1fh4en1q
@user-du1fh4en1q 4 жыл бұрын
japanese Economic is 実質破綻の事を解説しています。if you want to sutody japanese and real of govement debt crycis watch my youtube. 綴り間違いだらけかな?
@muleyamwiinga3988
@muleyamwiinga3988 2 жыл бұрын
Link?
@genyalyons1707
@genyalyons1707 6 жыл бұрын
Woops. Monetary Theory?. 9:20sec. Lmao he does not tell the student about how are money is backed. Why is are value dollar? Fiat Currency.
@emancipatedhost4598
@emancipatedhost4598 5 жыл бұрын
Starts out with "how does money effect the economy". Lol, I'm pretty sure money and a far more intrinsic element: currency, pretty much is the fucking economy.
@sevanelbey660
@sevanelbey660 7 жыл бұрын
Federal Reserve Notes ARE NOT Money. Gold and Silver is Money.
@Peanut20
@Peanut20 6 жыл бұрын
what is money backed by? human confidence. what is gold and silver backed by? human confidence. good luck driving to the gas station and trying to use gold to buy gas or to buy food at the supermarket, the cashier wont accept it
@luckylui3282
@luckylui3282 4 жыл бұрын
@@Peanut20 : If one needs to adhere to the concept of money (fiat, central bank reserves or bank money) is "backed by" something, it's ultimately backed by WORK by PEOPLE. The ONLY way things of value in a monetary context are created (excluding things created by mother nature of coarse). Something, coincidentally, that is always omitted from the discussion. Whereas, the price of a commodity, like gold or silver, is back by ignorance created by disinformation (usually by snake oil peddlers promoting a certain money thing for fiat no less, oh, the irony!) and a ponzi type incentive scheme. Sometimes this reality is cloaked in the term confidence.
@TheTheshreyasraj
@TheTheshreyasraj 3 жыл бұрын
@@Peanut20 No. If you offer more than enough gold, the cashier will take gold, pay with his own Money and you will still get what you need.
@joshais1654
@joshais1654 Жыл бұрын
17 federal reserve dollars equals 1 sliver dollar. The other 16 federal reserve dollars are despot in the federal bank under a performance and payment bond or fidelity and guaranteed being held with the FDIC for a commercial bank or the NICA for a credit union.
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