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The Fundamentals of Money and Financial Systems (Economics)

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Synopses & Reviews

Publisher Comments:

Understanding the role of money in the economy is essential for comprehending the complex intricacies of modern economics. Money and its value is an essential medium through which government policies are implemented to change the course of the economy. However, before attempting to comprehend these complex mechanisms it is necessary to understand the role of money. This book defines money and its value. It clarifies, in simple and clear terms, why money is demanded, what factors affect the demand for money, and what the different theories are that explain why people demand money. Next, it explains how money is created, which involves more than just printing money. Finally, the text addresses financial institutions, which are the brokers of the monetary system. The role financial institutions play in impacting the supply of the money and how they facilitate the flow of goods and services through different sectors are discussed. The discussion is focused on the theory of equilibrium in the market for goods, services and the money market.

About the Author

Hattiesburg, MS; Professor in the International Policy and Development Doctoral Program; University of Southern Mississippi

Product Details

ISBN:
9781606494844
Author:
Naghshpour, Shahdad
Publisher:
Business Expert Press
Subject:
Money & Monetary Policy
Subject:
Economics and finance
Subject:
Economics
Subject:
Business-Accounting and Finance
Publication Date:
20130731
Binding:
TRADE PAPER
Language:
English
Pages:
220

Related Subjects

Business » Accounting and Finance

The Fundamentals of Money and Financial Systems (Economics) New Trade Paper
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Product details 220 pages Business Expert Press - English 9781606494844 Reviews:
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