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Money and Banking, Second Edition: An Intermediate Market-Based Approach

Money and Banking, Second Edition: An Intermediate Market-Based Approach

Paperback

AccountingEconomics

Publisher Price: $21.99

ISBN10: 1631576089
ISBN13: 9781631576089
Publisher: Business Expert Pr
Published: Feb 28 2017
Pages: 152
Weight: 0.50
Height: 0.35 Width: 6.00 Depth: 9.00
Language: English
Let's learn about money! 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. Professor Gerdes believes that the study of money should commence at the most general level. Consequently, this book is anchored in the context of monetary systems (commodity, fiduciary, and fiat monies). This gives readers a very broad perspective-helping readers understand, for example, how the money used today differs from money used in the past, or how current money relates to money discovered by anthropologists in isolated subcultures. This book is perfect for courses in traditional money and banking courses, as well as undergraduate courses in monetary theory as well as sourcebook on money for business professionals.

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