Money and banking : an intermediate market-based approach / William D. Gerdes.
By: Gerdes, William D [author.].
Material type:
BookSeries: Economics collection: Publisher: New York, New York (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2017Edition: Second edition.Description: 1 online resource (149 pages).Content type: text Media type: computer Carrier type: online resourceISBN: 9781631576096.Subject(s): Money | Austrian views on money and interest rates | fiat money | inflation and the secular decline in the value of money | interest rates | monetary policy and its shortcomings | seigniorageGenre/Form: Libros electronicos.DDC classification: 332.4 Online resources: Click to View | Item type | Current location | Collection | Call number | URL | Copy number | Status | Date due | Item holds |
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E-book
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IUKL Library | Subscripti | https://ebookcentral.proquest.com/lib/kliuc-ebooks/detail.action?docID=4814069 | 1 | Available |
Includes bibliographical references (pages 145-146) and index.
1. Money and monetary systems -- 2. Money and income -- 3. Interest rates and financial markets -- 4. Central banks and the money supply -- 5. Monetary policy -- 6. Critiques of monetary policy -- Notes -- References -- Index.
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The premise of the author is that the study of money should commence at the most general level. Consequently, the book is anchored in the context of monetary systems (commodity, fiduciary, and fiat monies). The intent is to give the student of money a very broad perspective. It allows them to understand, for example, how the money we use today differs from money used in the past, or how our current money relates to money discovered by anthropologists in isolated subcultures. Money is a market phenomenon. It originated as a spontaneous social institution, and its use is still inextricably tied to market exchange. Therefore, the analysis of money occurs in a market setting. Use of monetary systems and a market setting as the underlying parameters ideally positions the reader to examine money in its various uses: as a medium of exchange, in credit markets, and as an instrument of monetary policy. The material in the book is suited for upper-division college students and business professionals with an interest in money and banking systems. The book is appropriate for use in traditional money and banking courses, but its potential use extends beyond that--to the undergraduate courses in monetary theory and as a sourcebook on money.
Title from PDF title page (viewed on March 9, 2017).
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