About For Books Monetary Economics: Policy and its Theoretical Basis Review
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Monetary Economics: Policy and its Theoretical Basis is the ideal text for undergraduate or postgraduate students reading options in monetary economics. The authors understand the need for a balance between theory and practice and provide the reader with a full understanding of the theoretical background of monetary economics. The book is distinctive in its concentrated focus on the practice of monetary policy. Money supply is viewed as endogenous and central banks as preoccupied with interest rates, rather than monetary aggregates, which gives the book a refreshingly practical and 'real world' character.
Monetary Economics: Policy and its Theoretical Basis is the ideal text for undergraduate or postgraduate students reading options in monetary economics. The authors understand the need for a balance between theory and practice and provide the reader with a full understanding of the theoretical background of monetary economics. The book is distinctive in its concentrated focus on the practice of monetary policy. Money supply is viewed as endogenous and central banks as preoccupied with interest rates, rather than monetary aggregates, which gives the book a refreshingly practical and 'real world' character.
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