Visit the Higher Education Gateway
New to this edition
Readership: Students on the third year of an Economics degree or postgraduate course. Also students taking an optional module in Monetary Policy on a Politics or European Studies degree.
Paul De Grauwe, John Paulson Chair in European Political Economy, Head of the European Institute, London School of Economics
Professor Paul De Grauwe is John Paulson Chair in European Political Economy at London School of Economics and Head of the European Institute. He was a member of the Belgian parliament from 1991 to 2003 and is honorary doctor of the University of Sankt Gallen (Switzerland), of the University of Turku (Finland), and the University of Genoa.
Review(s) from previous edition"'There is no competitor. For a student wanting to learn about the economics of EMU, this is the only book worth buying. For depth, breadth and clarity of coverage, look no further.' - Professor Rob Ackrill, Nottingham Trent University
"'This textbook is clearly the market leader. It is well established, presents a unified comprehensive framework of analysis and has the right level of discussion.'" - Dr Michael Arghyrou, Cardiff Business School
"'The whole text provides the pitch perfect introduction to the subject.'" - Yioryos Makedonis, Queen Mary, University of London
Costs and Benefits of Monetary Union
1: The Costs of Common Currency
2: The Theory of Optimum Currency Areas: A Critique
3: The Benefits of a Common Currency
4: Costs and Benefits Compared
5: The Fragility of Incomplete Monetary Union
6: How to Complete a Monetary Union?
7: The Transition to a Monetary Union
8: The European Central Bank
9: Monetary Policy in the Eurozone
10: Fiscal Policies in Monetary Unions
11: The Euro and Financial Markets