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Cover; Half Title; Dedication; Title Page; Copyright Page; Table of Contents; Preface; Acknowledgments; part one Introduction and Heritage; 1 Introduction; Key concepts introduced in this chapter; 1.1 What is money and what does it do?; 1.2 Money supply and money stock; 1.3 The nominal versus the re...

1.8 Different modes of analysing the economy1.9 The classical paradigm and the classical set of macroeconomic models; 1.10 The Keynesian paradigm and the Keynesian set of macroeconomic models; 1.11 Which macro-paradigm or model must one believe in?; 1.12 The parameters of the IS-LM expositions of ma...

2.3 Wicksell's pure credit economy2.4 Keynes' contributions on the demand for money; 2.5 Friedman and the 'restatement' of the quantity theory of money; 2.6 The transmission mechanisms for the impact of money supply changes on national income; Conclusions; Summary of critical conclusions; Review and...

3.4 The user cost of money3.5 The individual's demand for and supply of money and other goods; 3.6 The firm's demand and supply functions for money and other goods; 3.7 The aggregate demand and supply functions for money and other goods in the economy; 3.8 The supply of nominal and real balances; 3....

Review and discussion questionspart three The Demand for Money; 4 The transactions demand for money; Key concepts introduced in this chapter; 4.1 The basic inventory analysis of the transactions demand for money; 4.2 Some special cases of the demand for transactions balances; 4.3 The demand for curr...

4.7 Technical innovations and the demand for currency, and for demand and savings deposits