1. ทฤษฎีและนโยบาย การเงิน Monetary Theory and Policy Money Supply Process Reference: Money, the Financial System, and the Economy ( R. Glenn Hubbard )

2. Money Supply Impact on Interest Rate Exchange Rate Inflation Output of goods and Service Monetary Base Money Multiplier Money Supply

3. Monetary Base Money Multiplier Money Supply FED Banking System Non - Bank Public

4. The Fed and Monetary Base Asset Liability Balance Sheet FED Discount Loan Government SecurityCurrency in Circulation Reserve Monetary Base = Currency in circulation + Reserve

5. Held By Non – Bank public Currency in circulation = Currency Out. – Vault Cash Reserve = Deposit + Vault Cash Reserve = Required Reserve + Excess Reserve Required Reserve Ratio

6. Open Market Operation : Purchase 1$ from bank Change In Monetary Base Asset Liability Balance Sheet Bank A Reserve +1$ Security-1$ Asset Liability Balance Sheet FED Security+1$ Reserve+1$

7. Asset Liability Non - Bank Check Deposit +1$ Security-1$ Open Market Operation : Purchase 1$ from non – bank public Asset Liability Bank A Reserve+1$ Check deposit+1$ Asset Liability FED Security+1$ Reserve+1$

8. Asset Liability Non - Bank Currency +1$ Security-1$ Open Market Operation : Purchase 1$ from non – bank public Asset Liability FED Security+1$ Reserve+1$ Check Withdraw

9. Asset Liability Balance Sheet Bank A Reserve -1$ Security+1$ Open Market Operation : Sale 1$ from bank Change In Monetary Base ( Decrease ) Asset Liability Balance Sheet FED Security-1$ Reserve-1$

10. Asset Liability Non - Bank Check Deposit -1$ Security+1$ Open Market Operation : Sale 1$ from non – bank public Asset Liability Bank A Reserve-1$ Check deposit-1$ Asset Liability FED Security-1$ Reserve-1$

11. Discount Loan : FED Lend to Bank Change In Monetary Base Asset Liability Balance Sheet Bank A Reserve+1$Discount Loan +1$ Asset Liability Balance Sheet FED Discount Loan +1$ Reserve+1$

12. Discount Loan : Bank Repay to FED Asset Liability Balance Sheet Bank A Reserve-1$Discount Loan -1$ Asset Liability Balance Sheet FED Discount Loan -1$ Reserve-1$

13. Simple Deposit Multiplier : Purchase Security Asset Liability Balance Sheet Bank A Reserve +1$ Security-1$ Excess Reserve? Asset Liability Balance Sheet Bank A Reserve +1$ Security-1$ Loan +1$ Check Deposit +1$ Noon Corporation

14. Check Withdraw Asset Liability Balance Sheet Bank A Reserve +0$ Security-1$ Loan +1$ Check Deposit +0$ This Case have no effect to Monetary Base?

15. Asset Liability Bank B Reserve+1$Check deposit +1$ Bank B Multiple Deposit Expansion ( Ratio =10% ) O Corporation Noon Corporation Asset Liability Reserve +0.1$ Check Deposit+1$ Loan +0.9$ Sicha Corporation

16. Reserve+0.09$Check deposit +0.9$ Loan+0.81$ AssetLiability Bank C Sicha Corporation Assume : No Excess Reserve + Constant Required Ratio

17. Money Multiplier ( Non – Bank Public ) M S = Currency + Check Deposit Currency Deposit Ratio = Excess Reserve Ratio =

18. Determinants of Portfolio Choice Wealth Expected Return on Deposit Risk of Deposit Liquidity Information Cost

19. Multiplier