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A Systems Perspective on Financial Systems (Hardcover)
Loot Price: R4,356
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A Systems Perspective on Financial Systems (Hardcover)
Series: Communications in Cybernetics, Systems Science and Engineering
Expected to ship within 12 - 17 working days
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This book is devoted to a systems-theoretical presentation of the
main results of applying the systemic yoyo model and relevant
analytical tools to the topics of money and financial institutions.
The author presents the main concepts and results of the subject
matter in the language of systems science, which has in the past
century prompted revolutionary applicati ons of systems research in
various subfields of traditional disciplines. This volume applies a
brand new logic of reasoning to some of the unsett led problems in
the area of money and banking. Due to the particular systemic
approach employed, the reader will be able to see how different
economic activities are implicitly related to each other and how
financial decisions are holistically made in reference to seemingly
unrelated events. That is, the learning of this particular subject
matter takes place at a different, more elevated level, from which,
among others, economies are respectively seen as both closed and
open systems; their interactions emulate those of rotational pools
of fluids. This book can be used as a textbook for researchers and
graduate students in economics, finance, systems science, and
mathematical / systems modeling. It will also be useful as a
reference book for applied economists and various policy makers.
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