Modeling Monetary Economies

Bruce Champ

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Language: English

Published by Cambridge University Press, 2011

0521177006 / 9780521177009

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This textbook is designed to be used in an advanced undergraduate course. The approach of this text is to teach monetary economics using the classical paradigm of rational agents in a market setting. Too often monetary economics has been taught as a collection of facts about existing institutions for students to memorize. By teaching from first principles instead, the authors aim to instruct students not only in the monetary policies and institutions that exist today in the United States and Canada, but also in what policies and institutions may or should exist tomorrow and elsewhere. The text builds on a simple, clear monetary model and applies this framework consistently to a wide variety of monetary questions. The authors have added in this third edition new material on money as a means of replacing imperfect social record keeping, the role of currency in banking panics and a description of the policies implemented to deal with the banking crises that began in 2007.

Seller Inventory # CIN0521177006G

Title
Modeling Monetary Economies
Author
Bruce Champ
Publisher
Cambridge University Press
Publication year
2011
Condition
Good
Binding
Paperback
Language
English
ISBN 10
0521177006
ISBN 13
9780521177009
Edition
3rd Edition

World of Books Inc

Montgomery, IL, U.S.A.

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