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 Power point slides and lecture notes.
I'm an undergraduate student in Finance and Economics. I picked up this book for a term paper for my Public Economics class. If there's one thing to say about De Grauwe's book is that it seemed very useful, down to earth, in contrast to other economics books I've read. The concepts covered in the book were explained very clearly, and for someone interested in the area, the theories seemed ready for use for application in understanding the important issues of monetary integration.Whether there are flaws in the theory are--honestly--beyond my grasp; I'd have to read more. The book seems written and revised fairly enough and hasn't received negative comments from the faculty at my university. If someone else has a contrary opinion, I'm sure it'd help for people to hear.Check the sample pages if you want to see if this book would be good for you.
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