000 02044cam a2200325 i 4500
001 18961916
003 IIITD
005 20180912020003.0
008 160204s2016 nyu b 001 0 eng
010 _a 2016000897
020 _a9781316508671
040 _aDLC
_beng
_cDLC
_erda
_dDLC
042 _apcc
050 0 0 _aHG221
_b.C447 2016
082 0 0 _a339.5301
_223
_bCHA-M
100 1 _aChamp, Bruce
245 1 0 _aModeling monetary economies
_cBruce Champ, Scott Freeman, Joseph Haslag
250 _a4th ed.
260 _aNew York :
_bCambridge University Press,
_c©2016.
300 _axviii, 388 p. :
_c26 cm.
_bill. ;
500 _aRevised edition of the authors' Modeling monetary economies, 2011.
504 _aIncludes bibliographical references and index.
520 _a"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 payments, including other types of government money. After developing each of these topics, the book tackles the issue of money competing against other stores of value, examining issues associated with trade, finance, and modern banking. The book then moves from simple economies to modern economies, addressing the role banks play in making more trades possible, concluding with the information problems plaguing modern banking, which result in financial crises"--
650 0 _aMoney
_xMathematical models.
700 1 _aFreeman, Scott
700 1 _aHaslag, Joseph H.
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2ddc
_cBK
_01
999 _c24432
_d24432