CONTENTS:- Preface; I. Value of money:; 1. Meaning, scope, nature and evaluation of monetary economics; 2. Definitions, kinds and functions of money; 3. Significance of money in various types of economics; 4. Measurement of changes in money value (index numbers); 5. Determinants of money value the commodity, quantity and income theories of money value; 6. Alterations in money-value: inflation and deflation; 7. Monetary standards; 8. Gold standard; 9. Paper standard; II. Economic fluctuations:; 10. Saving and investment; 11. Supply of money; 12. The demand for money (liquidity preference); 13. Theories of interest rates; 14. Monetary policy; 15. Fiscal policy; 16. Employment and unemployment; 17. Nature of trade cycles; 18. Theories of trade cycle; 19. Multiplier and accelerator; 20. The principle of accelerator; 21. Neutrality of money; III. Credit, banking and foreign exchange:; 22. Central banking; 23. Foreign exchange rate; 24. Exchange control; 25. Balance of payments; 26. Devaluation; 27. Price mechanism in a developing and mixed economy; 28. Functioning of money market in a market economy with reference to India; IV. International monetary institutions and cooperation:; 29. International monetary fund; 30. International liquidity; 31. The world bank; 32. International Finance Corporation (I.F.C.); 33. Asia Development Bank; 34. United Nations Conference on Trade and Development (UNCTAD); 35. International Development Association (IDA); 36. General Agreement on Tariffs and Trade (GATT); 37. World Trade Organization (WTO); 38. International monetary reform;