Prof. Bofinger's new book "Monetary Policy" is more than just the new edition of the old textbook "Geldpolitik". The new concept gets obvious by reading the chapter "Transmission process". Mr. Bofinger included the Phillips-Curve into this section. The result is a new, but straight forward sight of activist and passivist monetary policy approaches.
The partition into three parts "Theoretical fundaments", "Monetary Policy in closed economies" and "Monetary Policy in open economies" is very good. The last chapter deals with the recent crises in emerging market economies in a decent way.
The book is certainly not only for Prof. Bofinger's students; much more I would like to recommend it to anyone interesting in monetary policy.