Monetary theory and the trade cycle

... main division in Trade Cycle theory is the division between monetary and non -monetary theories The purpose of the following essay CHAPTER II - NON -MONETARY THEORIES OF THE TRADE CYCLE A general... ROBBINS The London School of Economics September 1932 CONTENTS I II PREFACE 15 THE 27 PROBLEM OF THE TRADE CYCLE NON -MONETARY THEORIES OF THE TRADE CYCLE III 5I MONETARY THEORIES OF THE TRADE CYCLE. .. CHAPTER III - MONETARY THEORIES OF THE TRADE CYCLE The main tasks of a monetary theory of the Trade Cycle Monetary explanations should not proceed from changes in the general level of prices The essential