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Modeling Monetary Economies Hardcover – 9 May 2011

4.6 out of 5 stars 5 customer reviews

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Product details

  • Hardcover: 358 pages
  • Publisher: Cambridge University Press; 3 edition (9 May 2011)
  • Language: English
  • ISBN-10: 1107003490
  • ISBN-13: 978-1107003491
  • Product Dimensions: 21.5 x 2.5 x 25.3 cm
  • Average Customer Review: 4.6 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Bestsellers Rank: 4,650,678 in Books (See Top 100 in Books)
  • See Complete Table of Contents

Product Description

Review

'Theory that encourages careful thinking. Applications that demonstrate relevance. All delivered in an easy yet rigorous manner. An essential text for any course in money and banking.' David Andolfatto, Federal Reserve Bank of St Louis

'This is simply the best book on monetary theory with which I am familiar. I cannot emphasize strongly enough how this book belongs in the curriculum of advanced undergraduates. There is no acceptable alternative. Former students have told me that the best favor that they did for themselves, before going to graduate school in economics, was reading the earlier version of Champ and Freeman, cover to cover. In a better world, this would be the standard undergraduate macro text. The ideal course is based on Champ and Freeman, and on Russell W. Cooper, Coordination Games: Complementaries and Macroeconomics, Cambridge University Press, 1999. If you cannot do this for your intermediate students, do it for your advanced students.' John Bryant, Rice University and CentER, Tilburg University

'This text is ingenious in the simplicity with which it is able to explain monetary phenomena while at the same time maintaining rigor. I taught out of earlier editions several times in undergraduate and MBA classes. With the addition of new topical material, the text can only be even better.' Finn E. Kydland, Winner, 2004 Nobel Prize in Economics, and University of California, Santa Barbara

'I have taught both undergraduates and MBAs with both previous editions of this book and found them to be wonderful texts. Both my students and I appreciated the books' clear presentations. They are clear because they are rigorous and avoid the 'implicit theorizing' that can mystify undergraduates and MBAs.' Thomas Sargent, New York University

'Champ, Freeman, and Haslag's Modeling Monetary Economies is an excellent tool for teaching monetary economics to undergraduate students. The authors use a coherent and simple framework that can be addressed to a host of key issues in money, credit, and banking.' Stephen Williamson, Washington University, St Louis

Book Description

This textbook is designed to be used in advanced undergraduate courses in monetary economies, money and banking, international economies or macroeconomies. This third edition includes new material on money as a means of replacing imperfect social record keeping, the role of currency in banking panics, and a description of the policies implemented to deal with the banking crises that began in 2007.

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Top Customer Reviews

Format: Paperback Verified Purchase
Comprehensive and rigorously explained however the material could be better compartmentalised to allow the reader to access topics of interest without having to laboriously go through the framework used by the authors. It's use as a reference or revision text is somewhat limited due to this.
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Format: Paperback Verified Purchase
Excellent delivery n product.
The book was fresh.

The book is a bit difficult for those who don't have an intermediate background on economics.

Requires significant time and mental energy.
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Format: Paperback Verified Purchase
Brilliant, well written and extremely lucid introduction to higher graduate-level and entry post-graduate level macroeconomics from a relentlessly micro-founded perspective
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By H on 12 Nov. 2012
Format: Paperback Verified Purchase
No long-winded babbling. Gets straight to the point in plain English and the format is fantastic. Highly recommended, especially to undergraduate students
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Format: Paperback Verified Purchase
very good.
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