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Lecture Money, Banking & Finance - Lecture 2: The Microfoundations of Money - Part 1

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Lecture Money, Banking & Finance - Lecture 2: The Microfoundations of Money - Part 1. The following will be discussed in this chapter: The foundations of Classical Monetary theory and the Classical dichotomy, The invalidity of the Classical dichotomy, neo-Classical monetary theory - the Real Balance Effect, Evaluation of RBE, The CIA model, macro implications. |

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