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Paperback • 2016 • 1. edition
By Bruce Champ, Scott Freeman, Columbia) Haslag Joseph (University of Missouri
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About the book
Too often monetary economics has been taught as a collection of facts about institutions for students to memorize. By teaching from first principles instead, this advanced undergraduate textbook builds on a simple, clear monetary model and applies this framework consistently to a wide variety of monetary questions. Starting with the case in which trade is mutually beneficial, the book demonstrates that money makes people better off, and that government money competes against other means of payme...Show more
Book details
ISBN
9781316508671
Publisher
Cambridge University Press
Published year
2016
Language
Edition
1
Original title
Modeling Monetary Economies
Format
Paperback
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