Modeling Monetary Economies

Language: English

Published by Cambridge University Press, GB, 2022

1009096508 / 9781009096508

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Thoroughly updated and expanded with a new chapter on blockchain and increased coverage of cryptocurrency, as well as new data, this established advanced undergraduate textbook approaches the subject via first principles. It builds on a simple, clear monetary model and applies this framework consistently to a variety of monetary questions. Starting with trade being mutually beneficial, the authors demonstrate that money makes people better off, and that government money competes against other means of payments, including other types of government payments. 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. From simple economies to modern economies, the authors address the role banks play in making more trade possible, concluding with the information problems plaguing modern banking.

Seller Inventory # LU-9781009096508

Title
Modeling Monetary Economies
Author
Joseph H. Haslag, Bruce Champ, Scott Freeman
Publisher
Cambridge University Press, GB
Publication year
2022
Condition
New
Binding
Paperback
Language
English
ISBN 10
1009096508
ISBN 13
9781009096508
Edition
5th or later Edition
Item weight
726 grams

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