Book

Modeling monetary economies

Champ, Bruce, author, Freeman, Scott, author, Haslag, Joseph H., author

Overview

\"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\"-- Provided by publisher.

• Publisher: Cambridge University Press
• Subject: Money Mathematical models.
• ISBN: 9781107145221, 9781316508671

Item info:

1 item available

1 item total in all locations

Holdings :

Call Number	Copies	Material	Location
HG221.C447 2016	1	BOOK	AUTOSTORE