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ERIC Number: ED276668
Record Type: Non-Journal
Publication Date: 1986-Apr-12
Pages: 26
Abstractor: N/A
Reference Count: N/A
BASIC Programming for the Integration of Money, Demand Deposits Creation, and the Hicksian-Keynesian Model.
Tom, C. F. Joseph
Money, banking, and macroeconomic textbooks traditionally present the topics of money, the creation of demand deposits by depository institutions, and the Hicksian-Keynesian Theory of Income and Interest separately, as if they were unrelated. This paper presents an integrated approach to those subjects using computer programs written in BASIC, the computer programming language. Three computer programs are described, each annotated with explanations referring to statements in the programs. Program 1 determines the maximum amount of deposits that the depository institute can support. Program 2 demonstrates the Hicksian-Keynesian model of income and interest. Program 3 combines Program 1 and Program 2 to create an integrated analysis providing an opportunity to study changes in the money supply due to changes in the conditions regulating the operations of the depository institutions. It also examines changes in the equilibrium level of income and interest due to changes in the behavior of the general public on cash balance, investment, and savings. Printouts of each computer program and the results of program exercises are included. Possibilities are given for customization and modification of the programs. (APG)
Publication Type: Speeches/Meeting Papers; Reports - Research; Computer Programs
Education Level: N/A
Audience: Researchers
Language: English
Sponsor: N/A
Authoring Institution: N/A