Document from the year 2014 in the subject Economics - Monetary theory and policy, , language: English, abstract: This is a textbook for students and practitioners alike. It intends to explain the theoretical background of monetary policy. It is based on the author's German book "Geldtheorie und Geldpolitik.

Rudolf Peto was professor at the Department of Economy of Bielefeld University of Applied Sciences in Economics, in particular Macroeconomics. He studied Economics at the Universities of Mannheim, Cologne and Paris. Afterwards he was assistant lecturer at the University of Mannheim.