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Monetary Economics [Paperback]

Mervyn K. Lewis , Paul D. Mizen
2.3 out of 5 stars  See all reviews (3 customer reviews)
Price: 49.99 & FREE Delivery in the UK. Details
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Book Description

13 July 2000 0198290624 978-0198290629
In this textbook Mervyn Lewis and Paul Mizen cover all the material required for a complete course on monetary economics. Their book integrates all the immense changes of recent years. Taking the UK as their starting point, the authors have written a clear and interesting account of both theoretical and practical aspects of money's role in the economy.

authors combine practical expertise with distinguished academic records

both authors are experienced textbook writers

international data incorporated to illuminate key concepts.

grounded in theory throughout

helpful chapter conclusions summarize the key ideas of each topic area

Frequently Bought Together

Monetary Economics + Introduction to Econometrics + Microeconomics
Price For All Three: 137.27

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Product details

  • Paperback: 488 pages
  • Publisher: OUP Oxford (13 July 2000)
  • Language: English
  • ISBN-10: 0198290624
  • ISBN-13: 978-0198290629
  • Product Dimensions: 24.4 x 19 x 2.2 cm
  • Average Customer Review: 2.3 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Bestsellers Rank: 411,683 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Product Description

About the Author

Mervyn Lewis is National Australia Bank Professor at the University of South Australia Paul Mizen is Reader in Monetary Economics at the University of Nottingham, and consultant to the Bank of England

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Front Cover | Copyright | Table of Contents | Excerpt | Index | Back Cover
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Customer Reviews

2.3 out of 5 stars
2.3 out of 5 stars
Most Helpful Customer Reviews
1 of 1 people found the following review helpful
2.0 out of 5 stars A history book 13 Nov 2013
By matt
If you're interested in the history of development of monetary economics, this book is for you. However, if you like to focus on the use of competiting theories to explain problems around us, this book is a pain, at least should be read by guidance. Even as an historical account of monetary economics, it is not readily readable - the content does not have much focus for each subject, and understanding the essence of each theory becomes much more difficult. Lack of technical details in applications of models, and recent developments in the field.

Students can be better off reading other books, unless you have a lot of time and patience.
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12 of 18 people found the following review helpful
By A Customer
This is quite frankly the worst textbook I have read on ANY subject. I am required to do a course in Monetary Economics during my second year of a finance course. The lecturer told us to get a copy of Monetary Economics by McCallum, but if you cannot find it then get this. Let me first say that this is no replacement for McCallum's book, it seems to have been written by academics FOR academics. It looks as though the authors went out of their way to make it difficult to read.
There is far too much emphasis on history, and not enough on the theoretical aspects. IS/LM is probably one of the most important things you can learn when being introduced to Monetary Econ, Lewis & Mizen don't recognise this fact. There is too much mathematics and not enough diagrams etc. Even when I tried my hardest to give it a chance, I still gave up about three pages in.
When confronted with revising for my exams I literally sprinted to the library to get the McCallum book, it has so far impressed me infinitly more times than the "other" book. All my fellow students feel the same way. Get the L&M book if you have:- a) a degree in English Language (why are you learning monetary econ!) b)want to learn an impressive array of "big words". c) You have masochistic tendencies.
Academics will not want it because, after all, it is an introductory guide.
If you still haven't realised, I HATE this book...
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1 of 2 people found the following review helpful
4.0 out of 5 stars Good background reading 16 May 2009
This is a recommended textbook for my Final Year economics course of Monetary Policy.
In response to the previous review, I would like to highlight the fact that
a) In order to study Economics (in English)
b) This textbook covers the wide range of issues raised by Monetary Policy for

As an Economics textbook written from a UK perspective I think it is a very good book for background reading, though admittedly in conjunction with perhaps another course textbook.
It is an undergraduate textbook for Economics so a certain level of maths is to be expected.

In summary, it covers the subject fairly well and is a book written for (students of) Economics.
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