Modeling monetary economies /
by Champ, Bruce; Freeman, Scott; Haslag, Joseph H.
Material type:
BookPublisher: New York : Cambridge University Press, c2011Edition: 3rd ed.Description: xvii, 339 p. : ill. ; 26 cm.ISBN: 9781107003491 (hardback); 9780521177009 (paperback).Subject(s): Money -- Mathematical modelsSummary: "This textbook is designed to be used in an advanced undergraduate course in monetary economies, money and banking, international economies, or macroeconomies"-- Provided by publisher.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"-- Provided by publisher.
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Dhaka University Library General Stacks | Non Fiction | 332.4015118 CHM (Browse shelf) | 3 | Available | 492974 |
Includes bibliographical references p. 321-326 and indexes.
"This textbook is designed to be used in an advanced undergraduate course in monetary economies, money and banking, international economies, or macroeconomies"-- Provided by publisher.
"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"-- Provided by publisher.
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