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Economics of Monetary Union enables students to gain a firm understanding of the theories and policies relating to monetary unions. 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. Recent global events are addressed in this new edition and coverage of the credit crisis and its implications for the Eurozone has been added. Other changes include further discussion of the world's other monetary unions and more analysis of the increasing role of the Euro as an international currency. The regularity with which this text is updated ensures that it is topical and current which is of great importance to those studying the Economics of Monetary Unions. Online Resource Centre For lecturers: Instructor manual PowerPoint slides For students: Data (new) Questions (new) Links to articles and papers (new)