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	An Introduction To Money by Sunil K Parameswaran
	Price : Rs 185.00
	Your Price : Rs 166.50

The first volume provides an introduction to money. It starts off with the story of the
evolution of money and what is construed as money in a modern economy. The concept
of banks reserves and their role in money creation is clearly demonstrated. The book
adopts a simple and easily comprehensible T-account approach to illustrate the
transactions. It also covers cash-like instruments such as credit and debit cards and
discusses why credit card limits are not considered to be money. The book concludes
with a quantitative discussion of the money and credit multipliers in an economy.
The book is written in a racy and conversational style with plenty of examples to explain
every concept, statistics on money and money supply (from India and the US), and
extensive use of T-account diagrams to reinforce the presentation. The book is aimed at
professionals as well as students and does not presuppose any knowledge of economics
or mathematics.
ISBN-9780070707054

Pages : 108