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Monetary Policy Mind Map

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ACT Year 12 Certificate Economics (Monetary Policy) Mind Map on Monetary Policy Mind Map, created by murphyb on 31/03/2016.
murphyb
Mind Map by murphyb, updated more than 1 year ago
murphyb
Created by murphyb about 8 years ago
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Resource summary

Monetary Policy Mind Map
  1. Objectives
    1. Full employment
      1. Price stability
        1. Economic growth
        2. Financial sector
          1. Financial markets
            1. Intermediary between savers and investors (lenders and borrowers of funds)
              1. Loan markets
                1. Bond markets
                  1. Share markets
                  2. Money
                    1. Means of exchange
                      1. Unit of measure
                        1. Store of value
                      2. Refers to the interest rate decisions taken by the RBA to affect monetary and financial conditions within the economy, with the aim of achieving low inflation and sustainable economic growth.
                        1. Interest rates
                          1. Vary
                            1. Risk
                              1. Maturity
                                1. Time
                                2. Distinguish
                                  1. Nomial interest rates
                                    1. Real interest rates
                                    2. Represent
                                      1. The price of credit
                                        1. The reward for saving
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