Monetary Economics: Comprehensive Study of Money and Banking
Monetary Economics: Comprehensive Study of Money and Banking
by B.K. Panda, Sukanta Sarkar
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Book Summary
About the Book: Monetary Economics: Comprehensive Study of Money and Banking
Monetary economics is a branch of economics that provides a framework for
analysing money in its functions as a medium of exchange, store of value, and
unit of account. It considers fiat currency can gain acceptance purely because
of its convenience as a public good. Monetary economics formally emerged as a
field of study in the 1950s through the concept of monetarism as described by
economist Milton Friedman. Monetarism postulates that government regulation of a
nations money supply can ensure economic stability by keeping prices and
inflation under control. In this way, monetary economics is
ISBN-13
9788182206977
Language
English
Binding
Hard Bound
Publisher
Global Vision Publishing House
Publishing Date
2015
Total Pages
298
Monetary Economics: Comprehensive Study of Money and Banking
About the Book: Monetary Economics: Comprehensive Study of Money and Banking
Monetary economics is a branch of economics that provides a framework for
analysing money in its functions as a medium of exchange, store of value, and
unit of account. It considers fiat currency can gain acceptance purely because
of its convenience as a public good. Monetary economics formally emerged as a
field of study in the 1950s through the concept of monetarism as described by
economist Milton Friedman. Monetarism postulates that government regulation of a
nations money supply can ensure economic stability by keeping prices and
inflation under control. In this way, monetary economics is