Welcome

Welcome to the on-line resources support page for Modern Monetary Theory and Practice, an macroeconomics text-book written by William Mitchell and Randy Wray.

At present, this site has limited functionality given that the final publication is due in late 2014 or early 2015. But the authors are making a draft version of the textbook available, free of charge, to students at the University of Newcastle to use in the second semester of 2014.

What will be available here? We will make available draft Chapters of the entire textbook, selected slide presentations to accompany the text, a range of numerical exercises with solutions, and relevant video presentations to support the learning process.

By the end of 2014, there will be a full suite of supporting learning materials available. The completed book will be available for sale early in 2015.

Latest News - October 18, 2013

Draft Chapter 21 is now available. Revised (formatted and proof-read) versions of Chapters 19 and 20 are also now available.

Tutorial material will be available in due course.

Once the Resource Page is completed, each of the Chapter Home Pages will present:

  • Essential Learning Tools
  • Self-assessment quizzes
  • Slideshow presentations
  • Multimedia presentations (films, audio etc)
  • Access to policy notes which show interesting and topical applications of the conceptual material being presented
  • Quantitative exercises to develop your numerical reasoning
  • Further readings to extend your knowledge

Please use the Contact Page to provide any relevant feedback to the authors. They will be grateful for your input and constructive observations.