Monetary economics and financial markets / Paul A. Meyer.

1. Introduction, 1 -- Part 1. The measurement and determinants of money, 19 -- 2. Functions and definitions of money, 19 -- 3. Elements of money supply analysis, 56 -- 4. Determinants of the money supply: The multiplier, 71 -- Part 2. Financial markets and instruments, 109 -- 5. Financial markets, debt, and interest rates,109 -- 6. A closer look at financial instruments, 147 -- 7. Banks and other financial intermediaries, 171 -- 8. Regulation, structure, and performance of the banking industry, 206 -- Part 3. Central banking, 245 -- 9. Central banking history and the Federal Reserve System, 245 -- 10. Determinants of the money supply: The monetary base, 273 -- 11. The instruments of monetary policy, 305 -- 12. Monetary policy: Strategy, targets, and independence, 338 -- 13. Can the Federal Reserve control the quantity of money?, 356 -- Part 4. Monetary theory, 373 -- 14. National product and income accounts, 373 -- 15. Economic theory, classicists, and Keynes, 393 -- 16. Neoclassical economics: A detailed analysis, 421 -- 17. Keynesian economics: Fundamental assumptions and the basic model, 452 -- 18. Keynesian money demand and an introduction to the advanced model. 478 -- 19. The advanced Keynesian model: IS-LM, 508 -- 20. Analysis of selected issues within the IS-LM framework, 538 -- Part 5. Monetary policy and inflation, 563 -- 21. Issues in monetary policy, 563 -- 22. An empirical summary of the money-income relationship, 593 -- 23. The unemployment-inflation conundrum, 611 -- Index, 657.