Keith Bain

Keith Bain on movement

Peter Howells

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.

Policy and its Theoretical Basis

Monetary Economics

Pippa deBruyn

Niloufer Venkatraman

Shonar Joshi

Frommer's. The best trips start here. Experience a place the way the locals do. Enjoy the best it has to offer. * Expert advice on seeing the splendors of India with ease. * Outspoken opinions on what's worth your time and what's not. * Exact prices, so you can plan the perfect trip whatever your budget. * Off-the-beaten-path experiences and undiscovered gems, plus new takes on top attractions. Frommer's India title is your personal tour guide to the colorful streets of Mumbai and bustling markets of Goa, to the natural wonders of the Cardamom Hills and the ancient treasures of Agra. Our book is the perfect marriage of practical information such as extensive hotel, dining, and attractions reviews with cultural information to give you the full picture of this exotic, up-and-coming destination. Also included are detailed maps, suggested itneraries to ensure you get the most out of your visit, and insider information on the best spas, temples, and the very best of India's wildlife. Go to Frommers.com, and learn more about India.

Keith Bain

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