Modern Money and Banking

This textbook provides a comprehensive introduction to monetary theory, commercial banking, and the role of central banks in economic systems. It covers foundational topics including money creation, monetary policy instruments, financial markets, and macroeconomic stability. The chapters examine how financial institutions operate and interact with governmental monetary authorities. Designed for undergraduate students, the text bridges banking practices and economic theory.

by Roger LeRoy Miller

McGraw-Hill · First published 1985 · 794 pages