00000cam a22000004i 4500 UP-99796217612597473 Buklod 20250304084116.0 aa r ||| u ta 250304s2016 nyu rb |001 0|eng d 9781316508671 (paperback) (iLib)UPD-00344412188 Econ-34124 Linar DLC DECON rda eng HG 221 C44 2016 Champ, Bruce author. Modeling monetary economies Bruce Champ, Scott Freeman, Joseph Haslag. Fourth edition. New York, NY Cambridge University Press 2016. xviii, 388 pages 26 cm text rdacontent unmediated rdamedia volume rdacarrier Revised edition of the authors' Modeling monetary economies, 2011. Includes bibliographical references and index. Contents: PART 1: Money: Trade without Money: The Role of Record Keeping - - A Simple Model of Money - - Barter and Commodity Money - - Inflation - - International Monetary Systems - - Price Surprises - - PART 2: Banking: Capital - - Liquidity and Financial Intermediation - - Central Banking and the Money Supply - - Money Stock Fluctuations - - Fully Backed Central Bank Money - - The Payments System - - Bank Risk - - Liquidity Risk and Bank Panics - - PART 3: Government Debt: Deficits and the National Debt - - Savings and Investment - - The Effect of the National Debt on Capital and Savings - - The Temptation of Inflation. "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"-- Provided by publisher. Money Mathematical models. Freeman, Scott author. Haslag, Joseph H. author. Book FO UPD DECON HG 221 C44 2016 Book