What is Monetary Policy? What are the different tools of monetary policy? What would the Central Bank have to do to implement an expansionary monetary policy? What would be the objectives of the Central Bank in launching an expansionary monetary policy? Explain the economic situation of your country? Identify the main indicators – growth in GDP, consumption, investment, imports and exports. Find out what monetary policy your country is putting into practice. What do they hope to achieve with this policy? Evaluate the success of this monetary policy. Support your evaluation with data. What changes would you make in the Central Bank’s monetary policy? Why?