1.主要内容 1 Media Level View of Practical Policy 2)Policy as a Rule 3)Interest Rates and Aggregate Demand 4)Calculating How to Hit the Target 2.基本概念和知识点 Federal funds rate Taylor Rule inflation targeting FOMC 3问题与应用（能力要求） 1)Students should know that,in practice,short-term macroeconomic stabilization policy is mostly implemented by the central bank through its manipulation of short-term interest rates 2)Students should be familiar with the fact that monetary policy affects the economy by changing interest rates which will affect aggregate demand,in particular,investment spending and spending on durable goods. 3)Students should know that in many cases a central bank has to decide on either a desired level of inflation or a desired level of output and that achieving both goals simultaneously is not always possible. 4)Students should know that the Taylor rule is one way in which central banks can set interest rates in response to deviations in the desired levels of output or inflation. (三)思考与实践 1.Doyou favor putting higher or lower weight n stabilizing infation than stabilizing output in the Taylor rule?Why or why not? 2.What is China's current monetary policy? (四)教学方法与手段 课堂讲授，多媒体教学，课堂讨论或分组讨论。 第九章INCOME AND SPENDING (一)目的与要求 1.This chapter takes a closer look at the way that changes in the goods market affect aggregate demand by examining the link between income and spending i.e.,we use 615 1. 主要内容 1）Media Level View of Practical Policy 2）Policy as a Rule 3）Interest Rates and Aggregate Demand 4）Calculating How to Hit the Target 2．基本概念和知识点 Federal Funds Rate Taylor Rule inflation targeting FOMC 3.问题与应用(能力要求） 1）Students should know that, in practice, short-term macroeconomic stabilization policy is mostly implemented by the central bank through its manipulation of short-term interest rates. 2）Students should be familiar with the fact that monetary policy affects the economy by changing interest rates which will affect aggregate demand, in particular, investment spending and spending on durable goods. 3）Students should know that in many cases a central bank has to decide on either a desired level of inflation or a desired level of output and that achieving both goals simultaneously is not always possible. 4）Students should know that the Taylor rule is one way in which central banks can set interest rates in response to deviations in the desired levels of output or inflation. （三） 思考与实践 1. Do you favor putting higher or lower weight on stabilizing inflation than stabilizing output in the Taylor rule? Why or why not? 2. What is China's current monetary policy？ （四） 教学方法与手段 课堂讲授，多媒体教学，课堂讨论或分组讨论。 第九章 INCOME AND SPENDING （一） 目的与要求 1. This chapter takes a closer look at the way that changes in the goods market affect aggregate demand by examining the link between income and spending i.e., we use