000 01997cam a2200325 i 4500
001 18961916
003 KE-NaKCAU
005 20170704112048.0
008 160204s2016 nyu b 001 0 eng
010 _a 2016000897
020 _a9781107145221
020 _a9781316508671
040 _aDLC
_beng
_cKE-NaKCAU
_erda
_dDLC
042 _apcc
050 0 0 _aHG221
_b.C447 2016
082 0 0 _a339.5/301
_223
100 1 _aChamp, Bruce.
245 1 0 _aModeling monetary economies /
_cBruce Champ, Scott Freeman, Joseph Haslag.
250 _aFourth edition.
260 _aNewyork :
_bCambridge,
_c2016.
300 _axviii, 388 pages.:
_billustrations;
_c26 cm.
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 _2lcc
_cBK
999 _c16412
_d16412