Money and Banking: An International Text by Dr. Robert Eyler

This book focuses on the core issues in money and banking. By using simple applications for anyone that understands basic economics, the lessons in the book provide any student or reader with a background in how financial markets work, how banks as businesses function, how central banks make decisions, and how monetary policy affects the global economy.

Money and Banking is split into sections based on subject matter, specifically definitions and introductions, financial markets, microeconomic issues, macroeconomy policy, and international finance. It also covers:

  • Derivative and currency markets
  • The microeconomics of banking
  • Trade and currency movements
  • Asymmetric information and derivative markets
  • The future of financial markets and their participants

By providing a mix of microeconomic and macroeconomic applications, focusing on both international examples and open economy macroeconomics, this book reduces the minutiae seen in competing books. Each chapter provides summaries of what should be learned along the way and why the chapter’s topic is important, regardless of current events. For undergraduate business, economics or social science students otherwise, this book is a concise source of information on money, banking and financial markets.


Economic Sanctions: International Policy and Political Economy at Work by Dr. Robert Eyler

From a political economy perspective, this text develops an open economy macroeconomic model of international economic sanctions. This text also reviews game and public choice theories of economic coercion. Empirical exercises estimate the economic, humanitarian and political effectiveness of these policies. Import sanctions show the best results in achieving stated political goals and protecting a sanctioned country’s populace from detrimental effects.

The book also discusses the future of economic statecraft, recommending that policy makers recognize that sanctions are macroeconomic policies, and should be analyzed like monetary and fiscal shocks.