Money and Monetary Policy in an Open Economy

( 0 )
119 pages
Finance sector decisions have a decisive impact on well-being. The authors present approaches to monetary management in both closed and open economies that highlight major policy dilemmas.
This is a free eBook for students
Download free textbooks as PDF or read online. Less than 15% adverts
Business subscription free for the first 30 days, then $3.99/mo
Latest eBooks
About the author

Mehdi completed a B.S. in Economics from Utah State University and a M.S. and a Ph.D in Economics from Southern Illinois University, Carbondale, Illinois, U.S.A. His extensive experience in the banking and finance sector includes positions as Executive Director, Bank Refah and Bank Omran, Tehran, Iran...

John completed a Bachelor of Economics from the University of Sydney, Master of Economics from the University of New England and a M.A and PhD in Economics from Duke University, USA. He spent 22 years as an academic economist at the University of New South Wales, Australia including the Head of Depart...


Financial sector decisions have a decisive impact on economic performance. Financial affairs used to be reported on the back pages of newspapers but are front page news today. The authors present a primer on how financial markets are conventionally analyzed. They present the basic models and approaches to understanding banking, finance and monetary management in both closed and open economies and some of the pressing policy concerns. Readers are provided with a more knowledgeable base on which to evaluate financial market performance and global financial instability issues.

  1. Money and Monetary Policy
  2. Monetary Policy and Economic Activity
  3. Balance of Payments and the Exchange Rate
  4. Macroeconomic Policy in an Open Economy
  5. Fixed Exchange Rates, Central Bank Intervention and regional Currency Arrangements
  6. Global Financial Instability
  7. Global Capital Flows and Financial Instability
  8. International Monetary System
  9. Developing Countries and International Institutions
Very good book.
February 15, 2018
More reviews