The Demand for Money: Theories and Evidence by David E.W. Laidler is a comprehensive and authoritative examination of monetary economics, focusing on the critical role of money demand in modern economic theory. Now in its fourth edition, this academic work explores the residual influence of monetarism within mainstream economics, particularly analysing how interest rates and income levels affect the demand for money. Laidler also offers an expanded treatment of the fixed-price IS-LM model, framing it as a foundation for understanding aggregate demand and supply dynamics.
Highly regarded for its rigorous approach, The Demand for Money is essential reading for economics students and scholars interested in monetary theory, econometrics, and the evolving monetary sector. This edition enriches discussions with updated data analysis and encourages readers to critically assess the depth of current knowledge on money demand, making it a valuable resource for further research and practical application.
This book is ideal for advanced economics students and professionals seeking a detailed, theory-driven insight into the demand for money and its implications in economic policy.
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