Steven M. Reff
Economics Lecturer
University of Arizona
(2007 - 2016)
The 2015 University of Arizona
Five-Star Faculty Award

Steven Reff's Resume
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Unit 4:  Financial Sector

• Topic 4.1   Financial Assets
• Topic 4.2   Nominal v. Real Interest Rates
• Topic 4.3   Definition, Measurement, & Functions of Money
• Topic 4.4   The History of Banking and the Expansion of the Money Supply
• Topic 4.5   The History of the Money Market and Money Market Graph
• Topic 4.6   The Current Monetary Policy (2008 - Present)
• Topic 4.7   The Loanable Funds Market
(17% – 27% of the exam)
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Unit 4
Financial Sector
Week 10
Principles of Macroeconomics
Topic 4.6  REVIEW The Loanable Funds Market
News Article -- The Money Boom is Already Here (February 2021)
Grade Your Knowledge:   2023 FRQ #3, Set 2 Scoring Guidelines (rubric)
2023 FRQ #3, Set 2 (ASAD Graph and Ample Reserves Question)
News Article -- Easy-Money Policy (February 2021)
Day 1:  Week 10
TEST Your Knowledge
Topic 4.6  REVIEW:  The Current Monetary Policy (Ample Reserves Regime)
News Articles on Monetary Policy:
Topic 4.7  The Loanable Funds Market, Part I
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Day 2:  Week 10
TEST YOUR KNOWLEDGE
Day 4:  Week 10
eTextbook Reading:
eVideos -- Short Videos:
eWorkbook Activities Interactive:
Loanable Funds Questions, II (What is inside the CED? 14 points)
Loanable Funds Graph Definitions and Terms
Loanable Funds and ASAD Side-by-Side Graphs
Money Market and Loanable Funds Market (40 Multiple Choice Questions)
Loanable Funds Graphs (3 graphs -- two drawing graphs and one moveable/drawing graph)
Loanable Funds eTextbook (Enlarge Graphs inside of eTextbook)
Loanable Funds Questions, I
Reffonomics Baseball Rules
Reffonomics Baseball Loanable Funds and ASAD
Crowding Out and Crowding In Effects
Demand of Loanable Funds
Supply of Loanable Funds
Loanable Funds Market Graph (x and y axes)
Day 3:  Week 10
Topic 4.6  REVIEW The Loanable Funds Market
TEST YOUR KNOWLEDGE
Day 5:  Week 10
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2014 FRQ #1 (ASAD, Unemployment, Multiplier, Loanable Funds, Change in RGDP)
SHORT FRQs
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