Part one of this book deals with the theory of how money is created and destroyed. Essential principles are illustrated by considering various models of banking systems. Part two provides an account of the modern theory of income and employment. Num Pages: 290 pages. BIC Classification: KCA; KCBM; KCFM. Category: (P) Professional & Vocational; (U) Tertiary Education (US: College). Dimension: 216 x 138. Weight in Grams: 498. . 2003. 1st Edition. hardcover. . . . . Books ship from the US and Ireland.

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Bibliographic Details

Title: Money Income and Employment (Routledge Library Editions-Economics, 20)
Publisher: Routledge
Publication Date: 2003
Language: English
ISBN 10: 041531318X
ISBN 13: 9780415313186
Binding: Hardcover
Condition: New

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Synopsis

Part One of this book deals with the theory of how money is created and destroyed. Essential principles are illustrated by considering various models of banking systems. Part Two provides an account of the modern theory of income and employment. * Theory backed up with examples of the simplest to the most complicated models, for example: * The model of "a closed economy without a government" to one in which government expenditure and revenue affect the level of national income * The model in which the rate of interest and quantity of money have no effect and the model in which they are variables relevant to the determination of income

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Erich Schneider

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