Instructor’s Manual
Money, Banking, And The Economy

Paperback
Book


Second Edition
By

Thomas Mayer
University of California, Davis

James S. Duesenberry
Harvard University

Robert Z. Aliber
University of Chicago

This edition of the Manual contains a new of of multiple choice questions

A number of questions include an “all the above” or “none of the above” option


Book contents

Standard attempt to motivate students by telling them how important monetary economics is

Overview of the financial system, setting the stage for the more detailed discussions of different financial institutions

Banks, FDIC

Savings, federal funds

Analyzing the determination of deposit rates as a price theory problem

Operation of financial markets and analysis of their operations

Organization of Fed

Financial reform

Definition of money

Deposit creation

Bank reserves

Various approaches to the demand for money in relation to income, wealth, real and nominal interest rates

Keynesian macro model

Quantity theory of money

St. Louis equation, the Brunner-Meltzer model and the real balance effect

Keynesian-monetarist debate

Inflation in terms of demand-pull models and cost-push factors

Goals of macro-policy and goals specific to Fed

Federal reserve

The money stock, long term interest rates and a credit or debit variable

Channels by which monetary policy affects the economy

Stabilization policy, lags, rational expectations, and political pressures

How the Fed operates

Monetarists and Keynesians

Evolution of the international payments mechanism from the gold standard of the later part of the nineteenth and the early twentieth century International currencies, importers, exporters, and international investors

International banking

International financial arrangements


Paperback edition, published in 1984 by WW Norton and company

Book dimensions:
6” x 9” x 0.4”

182 pages

ISBN
0-393-95353-x


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