Designed for advanced undergraduates in economics, this new text provides an up-to-date analysis of the practice and theory of monetary policy and discusses key models that tie in with contemporary research and policy. The transmission mechanism of monet
Acknowledgements Introduction Chapter 1. Foundations of a Monetary Economy Chapter 2. Keynes, IS-LM and After Chapter 3. Consumption Chapter 4. Investment Chapter 5. Money Demand and Money Supply Chapter 6. Nominal Rigidities Chapter 7. Inflation and Unem