Monetary economics /
Mervyn K. Lewis, Paul D. Mizen.
- XII, 473 pages : ill. b&w ; 25 cm.
Includes bibliographical references and indexes.
Pt. 1. Theory -- 1. The Nature of Monetary Economics -- 2. Monetary Standards -- 3. The Classical Theory of Money -- 4. Patinkin and the Walrasian Heritage -- 5. Keynes's General Theory -- 6. Portfolio Theory -- 7. Friedman, Monetarism, and the Quantity Theory -- 8. Money and Exchange Rates -- 9. Rational Expectations -- 10. Optimal Policy Design -- Pt. 2. Policy -- 11. Modelling the Demand for Money -- 12. Demand for Money and Financial Innovation -- 13. The Transmission Mechanism -- 14. Monetary Policy in Practice -- 15. Exchange Rates and External Arrangements -- 16. Inflation Control.
In this textbook Mervyn Lewis and Paul Mizen cover all the material required for a complete course on monetary economics. Their book integrates all the immense changes of recent years. Taking the UK as their starting point, the authors have written a clear and interesting account of both theoretical and practical aspects of money's role in the economy.
- authors combine practical expertise with distinguished academic records - both authors are experienced textbook writers - international data incorporated to illuminate key concepts. - grounded in theory throughout - helpful chapter conclusions summarize the key ideas of each topic area