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Economics/Finances Modeling Monetary Economies

Posted on 2010-03-16




Name:Economics/Finances Modeling Monetary Economies
ASIN/ISBN:0521783542
Language:English
File size:1.21 Mb
Publisher: Cambridge University Press
Publish Date: 2001
ISBN: 0521783542
File Type: PDF
Pages: 344 pages
File Size: 1.21 MB
   Economics/Finances Modeling Monetary Economies

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Bruce Champ, Scott Freeman, "Modeling Monetary Economies"

The approach of this text for upper-level undergraduates is to teach monetary economics using the classical paradigm of rational agents in a market setting. By teaching from first principles, the authors aim to instruct students not only in the monetary policies and institutions that exist today in the United States 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 second edition new material on speculative attacks on currencies, social security, currency boards, central banking alternatives, the payments system, and the Lucas model of price surprises. Discussions of many topics have been extended, presentations of data greatly expanded, and new exercises added.

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