Monetary Economics

The second edition of this successful textbook closely links discussion of theory and real world policy, providing students with a comprehensive and practical grounding of monetary economics. This successful and popular textbook incorporates current issues in monetary economics. Clear and balanced discussion of both theory and practice is provided throughout the book. It focuses on the endogeneity of money supply and the role of central banks reflects actual monetary policy. 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.