CART

(0) items

Modeling Monetary Economies

by
Edition:
3rd
ISBN13:

9780521177009

ISBN10:
0521177006
Format:
Paperback
Pub. Date:
5/9/2011
Publisher(s):
Cambridge University Press
List Price: $51.00

Rent Textbook

(Recommended)
 
Term
Due
Price
$16.69

Buy Used Textbook

Usually Ships in 2-3 Business Days
U9780521177009
$35.70

Buy New Textbook

In Stock Usually Ships in 24 Hours.
N9780521177009
$18.77

eTextbook

We're Sorry
Not Available

More New and Used
from Private Sellers
Starting at $20.75
See Prices

Questions About This Book?

Why should I rent this book?
Renting is easy, fast, and cheap! Renting from eCampus.com can save you hundreds of dollars compared to the cost of new or used books each semester. At the end of the semester, simply ship the book back to us with a free UPS shipping label! No need to worry about selling it back.
How do rental returns work?
Returning books is as easy as possible. As your rental due date approaches, we will email you several courtesy reminders. When you are ready to return, you can print a free UPS shipping label from our website at any time. Then, just return the book to your UPS driver or any staffed UPS location. You can even use the same box we shipped it in!
What version or edition is this?
This is the 3rd edition with a publication date of 5/9/2011.
What is included with this book?
  • The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any CDs, lab manuals, study guides, etc.
  • The Used copy of this book is not guaranteed to inclue any supplemental materials. Typically, only the book itself is included.
  • The Rental copy of this book is not guaranteed to include any supplemental materials. You may receive a brand new copy, but typically, only the book itself.

Summary

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.

Table of Contents

Preface
Money:
A simple model of money
Barter and commodity money
Inflation
International monetary systems
Price surprises
Banking:
Capital
Liquidity and financial intermediation
Central banking and the money supply
Money stock fluctuations
Fully backed central bank money
The payments system
Bank risk
Liquidity risk and bank panics
Government Debt:
Deficits and the national debt
Savings and investment
The effect of the national debt on capital and savings
The temptation of inflation
Table of Contents provided by Publisher. All Rights Reserved.


Please wait while the item is added to your cart...