Learn how the Fed creates money

0 comments

Posted on 17th January 2008 by Judy Breck in business

, , , , , , ,

money.jpgAn online tutorial called FED 101 at the website of the Federal Reserve System of the United States includes a section called “How does the Fed create money?” The illustration here is from an animation of the some effects of interest rates. It links to a full page that explains and illustrates inflation. There are several other explanations of the fundamental elements of the workings of the Federal Reserve System in the FED 101 material.

desk.jpgThere is a concise definition of the Federal Reserve System on the website of its bank in San Francisco. The theme of the definition: “The Nation’s Central Bank.” Topics include “Why We Need a Central Bank” and “The Fed is First and Foremost the Nation’s Money Manager.”

Both of these websites contain many informational sections and links out to other excellent open, public access sources on the Fed, an institution at the center of the United States economy and of enormous influence on money across the world.

Learn node: The roles of the business analyst mapping value streams

0 comments

Posted on 7th January 2008 by Judy Breck in business

, , , , , , ,

stream.jpg From introducing the concept, to developing the subject, to real world examples, to advanced “how-to,” this learn node provides an open content concept cluster for the business education topic: mapping value streams. The open courseware from the University of California at Irvine on the subject Fundamentals of Business Analysis is an introduction to the roles of the business analyst. The Irvine course is a primer and review for the basic roles of the business analyst.

The illustration shown with this learnode is from the Irvine course’s lesson on value stream mapping. To learn more about that subject, the Wikipedia entry on Value Stream Mapping is a good next step for open (no cost) information and links out to more learning resources. Links Wikipedia provides offer real world examples of value stream mapping and a business review website’s Step by Step Guide to Value Stream Mapping.

More learn nodes at: learnodes.com