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Monetary Economics 2e


Editor: E van der Merwe Authors: S Mollentze, L Leshoro, JJ Rossouw and JC Vermeulen


The second edition of Monetary Economics will look into these matters and other topical issues such as the subprime crisis. The text uses a step-by-step approach to technical areas such as formulae and graphs. The book takes a look at South Africa as a developing country within the wider global arena. Monetary Economics is written in a concise and accessible level for Economics students at senior undergraduate and honours levels.


The book features: • Opening vignettes • Discussion boxes


• Closing case study with questions • Self-assessment questions.


New to this edition: • A new chapter on the ‘Financial system and the role of the South African Reserve Bank’ has been added • Opening vignettes have been included at the beginning of each chapter • A strong focus on theoretical foundation


“This textbook will be admirably suited for the undergraduate market at South African universities. It is also a very timely text in the wake of the international fi nancial crisis which has emphasised the central role of monetary economics in economic crises and has highlighted both the power and limits of monetary policy. ” Prof S du Plessis, Stellenbosch University


Table of Contents Part 1 Basic concepts and monetary theory • Chapter 1: The nature and scope of monetary economics • Chapter 2: The evolution of money • Chapter 3: The fi nancial system • Chapter 4: The money-supply process • Chapter 5: The demand for money • Chapter 6: Interest rates • Chapter 7: Exchange rates • Chapter 8: Infl ation • Part 2 Monetary policy • Chapter 9: A framework for monetary policy • Chapter 10: Monetary policy in South Africa • Chapter 11: Monetary policy operational procedures in South Africa • Chapter 12: The monetary policy transmission mechanism • Chapter 13: Monetary and fi scal interdependence • Chapter 14: Financial stability and the central bank • Chapter 15: Monetary policy co-operation


Lecturer resources • PowerPoint® slides learningzone.oxford.co.za


• Teaching plan


PAPERBACK JUL 2014 OUP SA


398 PAGES 9780199050703 9780199047314


Public Economics 7e


Editors: E Calitz, K Siebrits and T Steenekamp Authors: T Ajam, A Jansen, I Stuart and T van der Merwe


Public Economics 7e is a southern African textbook on the subject, written by well-respected South African experts.


Dealing with current issues such as social security and health care, the textbook demonstrates how public economic theory is relevant to the real-world context. Cross-references to, and examples from countries making up the southern African region are made throughout the text, in view of the increased interaction and economic cooperation between these countries.


The new edition of Public Economics equips senior undergraduate and postgraduate students with the basic analytical skills and demonstrates how these skills can be applied to practical issues.


New to this edition: • New information on allocative effi ciency, imperfect competition and regulation that deals with natural monopoly pricing, competitive restructuring, privatisation and types of regulation


• Separate chapters on personal income tax and on the taxation of companies, which includes foci on capital gains taxation, small businesses, the informal sector, tax gap analysis, compliance and tax reforms • Special attention to diff erent views on fi scal policy and the requirements of public debt sustainability


Table of Contents Part 1 Perspectives on the role of government in the economy • Chapter 1: The public sector in the economy • Chapter 2: Benchmark model of the economy: Positive and normative approaches • Chapter 3: Public goods and externalities • Chapter 4: Public utilities and regulation • Chapter 5: Equity and social welfare • Chapter 6: Public choice theory • Part 2 Public expenditure • Chapter 7: Public expenditure and growth • Chapter 8: Government


PAPERBACK DEC 2019 OUP SA


540 PAGES 9780190723187 9780190449186


ECONOMICS


55


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