Modeling Monetary Economies Paperback / softback
by Bruce Champ, Scott Freeman, Joseph (University of Missouri, Columbia) Haslag
Paperback / softback
- Information
Description
Too often monetary economics has been taught as a collection of facts about institutions for students to memorize.
By teaching from first principles instead, this advanced undergraduate textbook builds on a simple, clear monetary model and applies this framework consistently to a wide variety of monetary questions.
Starting with the case in which trade is mutually beneficial, the book demonstrates that money makes people better off, and that government money competes against other means of payments, including other types of government money.
After developing each of these topics, the book tackles the issue of money competing against other stores of value, examining issues associated with trade, finance, and modern banking.
The book then moves from simple economies to modern economies, addressing the role banks play in making more trades possible, concluding with the information problems plaguing modern banking, which result in financial crises.
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Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Paperback / softback
- Pages:400 pages, 25 Tables, unspecified; 10 Halftones, unspecified; 98 Line drawings, unspecified
- Publisher:Cambridge University Press
- Publication Date:09/05/2016
- Category:
- ISBN:9781316508671
Other Formats
- Paperback / softback from £39.34
- PDF from £38.24
- Hardback from £50.71
Information
-
Out of Stock - We are unable to provide an estimated availability date for this product
- Format:Paperback / softback
- Pages:400 pages, 25 Tables, unspecified; 10 Halftones, unspecified; 98 Line drawings, unspecified
- Publisher:Cambridge University Press
- Publication Date:09/05/2016
- Category:
- ISBN:9781316508671