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Books > Business & Economics > Economics > Macroeconomics > Monetary economics
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Modeling Monetary Economies (Hardcover, 5th Revised edition)
Loot Price: R3,230
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Modeling Monetary Economies (Hardcover, 5th Revised edition)
Expected to ship within 10 - 15 working days
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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.
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