This instructor’s manual complements the textbook Money: Theory and Practice which provides an introduction to modern monetary economics for advanced undergraduates, highlighting the lessons learned from the recent financial crisis. The manual provides teachers with exercises and examples that reflect both the core New Keynesian model and recent advances, taking into account financial frictions, and discusses recent research on an intuitive level based on simple static and two-period models.

The 6th edition of the popular study guide and workbook has been designed to complement Jack Harvey's Modern Economics, or any other introductory economics text. It provides questions and answers to test students understanding and is ideal for those working without supervision. This new edition has been expanded and updated to incorporate recent developments in elementary theory and original demonstrations of its application to the decisions of firms and government.