Monetary Economics by Keith Bain
The second edition of this successful textbook provides students with a comprehensive and practical grounding of monetary economics. The authors view money supply as endogenous and focus on the role of central banks meaning that discussion of theory and real world policy are closely linked throughout the book.
The current financial crisis has thrown the inadequacies of much standard analysis, and not least the mechanical multiplier model of money creation, into sharp reliefNever has a text on monetary economics based on a more realistic model in which banks create money been more needed. Bain and Howells focus on monetary policy, and in particular the control of short term interest rates, and introduce monetary theory as a means of understanding how, why and when monetary policy works. This is theory with a purpose. - Professor Richard Jackman, LSE
KEITH BAIN was Principal Lecturer in Economics at the University of East London, UK. He taught on a number of modules including Monetary Economics, Economic Policy and Finance and the Economy.
PETER HOWELLS is Professor of Monetary Economics at the University of the West of England, UK, where he is a member of the Centre for Global Finance.
| SKU | Unavailable |
| ISBN 13 | 9780230205956 |
| ISBN 10 | 023020595X |
| Title | Monetary Economics |
| Author | Keith Bain |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Bloomsbury Publishing PLC |
| Year published | 2009-03-31 |
| Number of pages | 510 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |