Monetary Economics: Theory and Policy [Hardcover]

Bennett T. McCallum (Author)

Editorial Reviews

From the Publisher

This text examines the role of monetary institutions and policy in the functioning of a market economy.

Product Details

• Hardcover: 480 pages
• Publisher: Macmillan Pub Co; First Edition edition (March 1989)
• Language: English
• ISBN-10: 0023784717
• ISBN-13: 978-0023784712
• Product Dimensions: 9.3 x 6 x 0.8 inches
• Shipping Weight: 1.1 pounds
• Average Customer Review: 4.0 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #462,399 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

2 of 2 people found the following review helpful:

5.0 out of 5 stars Excellent Book, May 25, 2002

By 

jgalt "this_is_jgalt_speaking" (Indianapolis, IN United States) - See all my reviews

This review is from: Monetary Economics: Theory and Policy (Hardcover)

This book saved [me]so many times in my Monetary Theory Class. I would have to say that this book is a little more advanced than your typical intermediate economics book. One should have a fairly good understanding of algebra and calculus (derivatives and integrals) to understand this book as there are a lot of equations. But that is also what makes it so cool! What I found particularly interesting was the chapter on Episodes in U.S. Monetary History. Although it was not required that we read this book for our class, my professor had said that anyone considering attending graduate school should read this book because they would benefit immensely from it. He said a lot of what this book covers will set up the framework to understanding more advanced level courses in economics at the graduate level.

1.0 out of 5 stars I received a zerxed copy!, October 15, 2011

By 

karl tian xiaoqing - See all my reviews

Amazon Verified Purchase

This review is from: Monetary Economics: Theory and Policy (Hardcover)

the book i ordered with a photo showing is an old original book, but i received a zerxed copy,that is what i can not accepted.it is for the first time that kind of event has happened to me from my experience purchasing books on amazon.com.

1 of 2 people found the following review helpful:

5.0 out of 5 stars Excellent Explanations of Monetary Theory, March 16, 2002

By A Customer

This review is from: Monetary Economics: Theory and Policy (Hardcover)

I wish that this book were still in print. I am an economics student and have found it most useful in my study of monetary economics. It has clear explanations and discussions. It is much more useful and comprehendable than either Walsh, "monetary Theory and Policy" or Goodhart's "money, information, and uncertainty." While one may prefer another book for covering open economy monetary this book is fantastic for the rest of monetary.