This upper-level undergraduate textbook, now in its second editon, approaches monetary economics using the classical paradigm of rational agents in a market setting. Too often monetary economics has been taught as a collection of facts about existing institutions for students to memorize. By teaching from first principles, the authors aim to instruct students not only in existing monetary policies and institutions but also in what policies and institutions may or should exist in the future. The text builds on a simple, clear monetary model and applies this framework consistently to a wide variety of monetary questions. The authors have added in this second edition new material on speculative attacks on currencies, social security, currency boards, central banking alternatives, the payments system, and the Lucas model of price surprises. Discussions of many topics have been extended, presentations of data greatly expanded, and new exercises added.
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考完货银特地前来膜拜，各种模型真的佛了，难度显著高于北美和中国货银平均难度，我院唯一一门真正意义上“挂人”的神课……
评分故事讲得很好，觉得讲银行系统的非常深入浅出
评分研究生看有点尴尬，比较偏理论、基本是讲模型的，但用的模型却不是研究生用到的主流的模型
评分略难。只看了一部分。还是跟中文版一起对照着看的 囧
评分考完货银特地前来膜拜，各种模型真的佛了，难度显著高于北美和中国货银平均难度，我院唯一一门真正意义上“挂人”的神课……
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