The market leading text in
the field of economic monetary union
Complete and updated
coverage of all the important issues relating to monetary union
Clear and well structured
writing style with useful pedagogical features, including chapter introductions, brand new
case studies and examples
NEW TO THIS EDITION
New material on current
topics such as monetary union in Latin America and dollarization
New case studies and
examples
New companion web site
featuring Instructor's Manual and PowerPoint slides
Thoroughly revised and
updated, this new edition of 'Economics of Monetary Union' successfully covers all the key
issues relating to monetary union and will fit with both undergraduate and postgraduate
Economics modules. Clear and concise, it covers the costs and benefits of monetary union
in part one and the present workings of the European monetary union in part two. Building
on the success of previous editions, the book has new case studies, updated content and a
text supporting web site with PowerPoint slides and Instructor's Manual.
Readership: All levels of undergraduate and postgraduate Economics students
Contents/contributors
Costs and Benefits of
Monetary Union1 The Costs of a Common Currency
2 The Theory of Optimum
Currency Areas: A Critique
3 The Benefits of a Common
Currency
4 Costs and Benefits
Compared Monetary Union
5 The Fragility of
Incomplete Monetary Unions
6 The Transition to a
Monetary Union
7 The European Central Bank
8 Monetary Policy in
Euroland
9 Fiscal Policies in
Monetary Unions
10 The Euro and Financial
Markets
258 pages