Eight Reasons Why Real Versus Nominal Interest Rates is the Most Important Concept in Macroeconomic Principles Courses

The purpose of this paper is to argue that the distinction between real and nominal interest rates is the most important concept taught in macroeconomics principle courses. By "important" I mean "useful for interpreting and evaluating media reporting of the macroeconomy". This presumes that a major goal of our macroeconomics principles course is to produce students capable of understanding macroeconomics encountered in the media.

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Year of publication:	1998
Authors:	Kennedy, P.
Subject:	INTEREST RATE \| MACROECONOMICS

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Type of publication:	Book / Working Paper
Notes:	10 pages
Classification:	E43 - Determination of Interest Rates; Term Structure Interest Rates ; A00 - General Economics and Teaching. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005663936