FOUNDATION FOR ECONOMIC EDUCATION

Prepare for the Economics Olympiad Competition

The equation MV = PY (often written as MV = MY) shows that the money supply times velocity equals nominal GDP, implying that sustained increases in the money supply lead to proportional increases in inflation when output and velocity are stable.

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Course curriculum

    1. The Tale of Lydoria

    2. The Short-Run High

    3. Meet the Variables

    4. The Balancing Act

    5. The Speed of the Dollar

    6. Why Stability Matters

    7. The Price of Prosperity

    8. Neutrality of Money

    9. The Friedman Rule

    10. The Inflation Calculator

    11. Risks of the Extremes

    12. Article: Yellen Blaming Consumers for Inflation Is Government’s Latest Attempt to Deflect Blame for Its Policies

    13. Advanced Practice

Additional Monetary and Fiscal Policy Modules

Economics Olympiad Prep Modules

Use these modules to prepare for success in the Economics Olympiad competition.