Advanced Monitory Theory & PoliciesBrings Out Classical, Keynesians And Contemporary Monetary Theories, Theories Of Inflation And Monetary Policies In Earlier Plans. Alos Covers Monetary And Credit Policy Of India From 2002-03. In Question And Answer Model. Useful For Bcom, Bba, Mcom And Ma Students. |
Contents
3 | 22 |
4 | 28 |
5 | 38 |
7 | 58 |
Liquidity Preference Theory | 64 |
Baumols Inventory Theoretic Approach | 74 |
The Monetary Theory of Milton Friedman | 84 |
Radcliffe Report | 90 |
Types of Inflation | 97 |
Inflationary | 104 |
Effects of InflationAnti Inflation Policy | 110 |
Monetary Policy and the Problem of Lags | 122 |
Alternative Monetary Policies | 129 |
Common terms and phrases
According action aggregate amount approach assets assumed bank rate bonds Cambridge capital cash balance cause central bank changes circulation commercial banks consumers cost curve demand for money depends deposits determined developing direct economic growth economists economy effective equation estimated excess exchange exchange stabilization expansion expenditure factors federal reserve Fisher's fixed fluctuations full employment function further given gold hold important income increase individual inflation inflationary influence interest rates investment keep Keynes lead limitations liquidity loans measures method monetary authority monetary policy money supply motive objective of monetary objectives operations output percent period price stabilization price-level production quantity of money quantity theory rate of interest reason reduced relation represents requirements result rise sector securities speculative supply of money takes term theory transactions types value of money volume wealth