The book main purpose is to present and discuss topics related to monetary economics. The approach of the book is completely theoretical. Its basic idea is to develop the theoretical models and principles necessary to understand the most frecuent discussions in the field of monetary theory, and the conceptual elements upon which modern monetary policy is based. The book explores thoroughly different mechanisms of transmission of monetary policy, and the evolution of the role of money in different theoretical models.
The book main purpose is to present and discuss topics related to monetary economics. The approach of the book is completely theoretical. Its basic idea is to develop the theoretical models and principles necessary to understand the most frecuent discussions in the field of monetary theory, and the conceptual elements upon which modern monetary policy is based. The book explores thoroughly different mechanisms of transmission of monetary policy, and the evolution of the role of money in different theoretical models.