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Economics

Money and banking

Examine how money, banks, and interest rates connect savers and borrowers.

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Where this chapter sits in the course

Lessons

Chapter 15 of 18 · 6 short lessons · 24 min
  1. 1Functions of money3 min
  2. 2Banking and financial intermediation4 min
  3. 3Bank lending and money creation4 min
  4. 4Nominal and real interest rates4 min
  5. 5Bank runs and deposit insurance3 min
  6. 6Challenge: Money and banking6 min

What you'll learn

  • Explain the functions of money and banks
  • Describe how lending creates deposits
  • Interpret real interest rates and bank risks

Your plan from this chapter

It follows the course from here, at your pace, with reviews before you forget.

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