Book Details
Format
Hardback or Cased Book
ISBN-10
1316515214
ISBN-13
9781316515211
Edition
5 Revised edition
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 2nd, 2022
Print length
475 Pages
Weight
960 grams
Dimensions
18.60 x 26.30 x 3.10 cms
Product Classification:
Monetary economicsInternational economicsPolitical economyPublic finance
Ksh 19,600.00
Manufactured on Demand
0 in stock
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For advanced undergraduate and graduate courses on monetary economics and money and banking. Focusing on first principles and thoroughly examining a breadth of monetary questions. Expanded coverage including blockchain and cryptocurrency in this edition.
Thoroughly updated and expanded with a new chapter on blockchain and increased coverage of cryptocurrency, as well as new data, this established advanced undergraduate textbook approaches the subject via first principles. It builds on a simple, clear monetary model and applies this framework consistently to a variety of monetary questions. Starting with trade being mutually beneficial, the authors demonstrate that money makes people better off, and that government money competes against other means of payments, including other types of government payments. 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. From simple economies to modern economies, the authors address the role banks play in making more trade possible, concluding with the information problems plaguing modern banking.
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