Monetary Economics: Policy and its Theoretical Basis

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9780230205956: Monetary Economics: Policy and its Theoretical Basis
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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

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The current financial crisis has thrown the inadequacies of much standard analysis, and not least the mechanical multiplier model of money creation, into sharp relief. Never has a text on monetary economics based on a more realistic model in which banks create money been more needed. Bain and Howells focus on monetary policy, and in particular the control of short term interest rates, and introduce monetary theory as a means of understanding how, why and when monetary policy works. This is theory with a purpose. - Professor Richard Jackman, LSE

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This fully revised second edition of Bain and Howells' Monetary Economics provides an up-to-date examination of monetary policy as it is practised and the theory underlying it. The authors link the conduct of monetary policy to the IS/PC/MR model and extend this further through the addition of a simple model of the banking sector. They demonstrate why monetary policy is central to the management of a modern economy, showing how it might have lasting effects on real variables, and look at how the current economic crisis has weakened the ability of policymakers to influence aggregate demand through the structure of interest rates.
The second edition:

  • features a realistic account of the conduct of monetary policy when the money supply is endogenous
  • provides a detailed and up-to-date account of the conduct of monetary policy and links this explicitly to a framework for teaching macroeconomics
  • includes recent changes in money market operations and an examination of the problems posed for monetary policy by the recent financial crisis

Monetary Economics is an ideal core textbook for advanced undergraduate modules in monetary economics and monetary theory and policy. 

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9780230205994: Monetary Economics: Policy and its Theoretical Basis

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ISBN 10:  0230205992 ISBN 13:  9780230205994
Editorial: Palgrave, 2009
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1.

Keith Bain, Peter Howells
Publicado por Palgrave MacMillan, United Kingdom (2009)
ISBN 10: 023020595X ISBN 13: 9780230205956
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Descripción Palgrave MacMillan, United Kingdom, 2009. Paperback. Condición: New. 2nd ed. 2009. Language: English . Brand New Book. This fully revised second edition of Bain and Howells Monetary Economics provides an up-to-date examination of monetary policy as it is practised and the theory underlying it. The authors link the conduct of monetary policy to the IS/PC/MR model and extend this further through the addition of a simple model of the banking sector. They demonstrate why monetary policy is central to the management of a modern economy, showing how it might have lasting effects on real variables, and look at how the current economic crisis has weakened the ability of policymakers to influence aggregate demand through the structure of interest rates. The second edition: features a realistic account of the conduct of monetary policy when the money supply is endogenous provides a detailed and up-to-date account of the conduct of monetary policy and links this explicitly to a framework for teaching macroeconomics includes recent changes in money market operations and an examination of the problems posed for monetary policy by the recent financial crisisMonetary Economics is an ideal core textbook for advanced undergraduate modules in monetary economics and monetary theory and policy. Nº de ref. del artículo: LIB9780230205956

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Descripción Palgrave Macmillan, 2009. Paperback. Condición: NEW. 9780230205956 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. For all enquiries, please contact Herb Tandree Philosophy Books directly - customer service is our primary goal. Nº de ref. del artículo: HTANDREE0109751

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Keith Bain, Peter Howells
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Descripción Palgrave MacMillan, United Kingdom, 2009. Paperback. Condición: New. 2nd ed. 2009. Language: English . Brand New Book. This fully revised second edition of Bain and Howells Monetary Economics provides an up-to-date examination of monetary policy as it is practised and the theory underlying it. The authors link the conduct of monetary policy to the IS/PC/MR model and extend this further through the addition of a simple model of the banking sector. They demonstrate why monetary policy is central to the management of a modern economy, showing how it might have lasting effects on real variables, and look at how the current economic crisis has weakened the ability of policymakers to influence aggregate demand through the structure of interest rates. The second edition: features a realistic account of the conduct of monetary policy when the money supply is endogenous provides a detailed and up-to-date account of the conduct of monetary policy and links this explicitly to a framework for teaching macroeconomics includes recent changes in money market operations and an examination of the problems posed for monetary policy by the recent financial crisisMonetary Economics is an ideal core textbook for advanced undergraduate modules in monetary economics and monetary theory and policy. Nº de ref. del artículo: LIB9780230205956

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K. Bain
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Descripción Macmillan Education Mrz 2009, 2009. Taschenbuch. Condición: Neu. Neuware - This fully revised second edition of Bain and Howells' Monetary Economics provides an up-to-date examination of monetary policy as it is practised and the theory underlying it. The authors link the conduct of monetary policy to the IS/PC/MR model and extend this further through the addition of a simple model of the banking sector. They demonstrate why monetary policy is central to the management of a modern economy, showing how it might have lasting effects on real variables, and look at how the current economic crisis has weakened the ability of policymakers to influence aggregate demand through the structure of interest rates.The second edition: features a realistic account of the conduct of monetary policy when the money supply is endogenous provides a detailed and up-to-date account of the conduct of monetary policy and links this explicitly to a framework for teaching macroeconomics includes recent changes in money market operations and an examination of the problems posed for monetary policy by the recent financial crisis Monetary Economics is an ideal core textbook for advanced undergraduate modules in monetary economics and monetary theory and policy. 502 pp. Englisch. Nº de ref. del artículo: 9780230205956

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Bain, Keith
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Descripción Palgrave Macmillan, 2018. Paperback. Condición: New. Never used! This item is printed on demand. Nº de ref. del artículo: 023020595X

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Keith Bain, Peter Howells
Publicado por Palgrave Macmillan (2009)
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Descripción Palgrave Macmillan, 2009. Paperback. Condición: New. Second Edition. Nº de ref. del artículo: DADAX023020595X

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K. Bain
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Descripción Macmillan Education Mrz 2009, 2009. Taschenbuch. Condición: Neu. Neuware - This fully revised second edition of Bain and Howells' Monetary Economics provides an up-to-date examination of monetary policy as it is practised and the theory underlying it. The authors link the conduct of monetary policy to the IS/PC/MR model and extend this further through the addition of a simple model of the banking sector. They demonstrate why monetary policy is central to the management of a modern economy, showing how it might have lasting effects on real variables, and look at how the current economic crisis has weakened the ability of policymakers to influence aggregate demand through the structure of interest rates.The second edition: features a realistic account of the conduct of monetary policy when the money supply is endogenous provides a detailed and up-to-date account of the conduct of monetary policy and links this explicitly to a framework for teaching macroeconomics includes recent changes in money market operations and an examination of the problems posed for monetary policy by the recent financial crisis Monetary Economics is an ideal core textbook for advanced undergraduate modules in monetary economics and monetary theory and policy. 502 pp. Englisch. Nº de ref. del artículo: 9780230205956

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K. Bain
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ISBN 10: 023020595X ISBN 13: 9780230205956
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Descripción Macmillan Education Mrz 2009, 2009. Taschenbuch. Condición: Neu. Neuware - This fully revised second edition of Bain and Howells' Monetary Economics provides an up-to-date examination of monetary policy as it is practised and the theory underlying it. The authors link the conduct of monetary policy to the IS/PC/MR model and extend this further through the addition of a simple model of the banking sector. They demonstrate why monetary policy is central to the management of a modern economy, showing how it might have lasting effects on real variables, and look at how the current economic crisis has weakened the ability of policymakers to influence aggregate demand through the structure of interest rates.The second edition: features a realistic account of the conduct of monetary policy when the money supply is endogenous provides a detailed and up-to-date account of the conduct of monetary policy and links this explicitly to a framework for teaching macroeconomics includes recent changes in money market operations and an examination of the problems posed for monetary policy by the recent financial crisis Monetary Economics is an ideal core textbook for advanced undergraduate modules in monetary economics and monetary theory and policy. 502 pp. Englisch. Nº de ref. del artículo: 9780230205956

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