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Monetary Economics in South Africa covers monetary theory and policy written against the background of South African conditions.
Readership: Monetary Economics is written for senior undergraduate students of Economics, and students studying B.Comm and B.Bus.Sc with Economics as a major.
Part 1 Basic concepts and theory: 1: The nature and scope of monetary economics 2: The evolution of money 3: The money-supply process 4: The demand for money 5: Interest rates in the economy 6: Exchange rates in the economy 7: Traditional monetary theories 8: Modern monetary theory 9: The monetary-policy transmission mechanism Part 2 Monetary policy 10: A framework for monetary policy 11: Exchange-rate regimes and monetary policy 12: Monetary policy in South Africa from 1921-2000 13: Inflation targeting in South Africa 14: Monetary-policy operational procedures in South Africa 15: Forecasting inflation in South Africa 16: Financial stability and the central bank 17: Monetary policy and interdependence 18: Monetary policy co-operation