
| Steven M. Reff Economics Lecturer University of Arizona (2007 - 2016) The 2015 University of Arizona Five-Star Faculty Award |
| 2022 Moveable AND Drawable Graphs |
| Microeconomics |
| Unit 1: Introduction to Economics |
| Unit 2: Supply and Demand |
| Expansionary Monetary Policy is used when the economy is in a negative output gap (recessionary gap). |
| Contractionary Monetary Policy is used when the economy is in a positive output gap (inflationary gap). |
| Unit 4: Topic 4.6 Monetary Policy -- Ample Reserves |