'Economics of Monetary Union' provides a concise analysis of the theories and policies relating to monetary union. The author analyses the costs and benefits associated with having one currency as well as the practical workings and current issues involved with the Euro. - Съдържа: The costs of a common currency -- The theory of optimum currency areas : a critique -- The benefits of a common currency -- Costs and benefits compared -- Monetary and political union -- The fragility of incomplete monetary unions -- The transition to a monetary union -- The European Central Bank -- Monetary policy in the eurozone -- Fiscal policies in monetary unions -- The euro and financial markets.*