What do you need to know about financial innovation, financial
liberalisation and deregulation? Do you know what purpose monetary
policy serves in the economy? What is the role of interest rates?
The second edition of Monetary Economics will look into these
matters and other topical issues such as the subprime crisis. The
text uses a step-by-step approach to technical areas such as
formulae and graphs. The book takes a look at South African as a
developing country within the wider global arena. Monetary
Economics is written in a concise and accessible level for
Economics students at senior undergraduate and Honours level.
General
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