How might each of the following factors complicate the implementation of monetary policy: long and variable lags, excess reserves, and movements in velocity?
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Lecture 7 Leading the Organization ● What creates a leader ● What leaders do. ● Qualities of effective leaders: EQ ● Effective leader behaviors ● Managing power Difference Between Leadership and Management ● Management ○ Maintains status quo and keeps things as they are ○ Planning ○ Organizing ○ Leading ○ Controlling ● Leadership ○ Changes status quo and moves people in a new direction ○ Agenda setting ○ Aligning ○ Inspiring ○ Monitoring What creates a leader ● Leaders aren’t leaders without followers ● Followers let leaders lead ● Leadership = a match between what a leader offers and what followers want ● Matches change over time and become mism
Textbook: Principles of Economics
Author: Steven A. Greenlaw, David Shapiro, Timothy Taylor
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