%0 Journal Article
%T El an¨¢lisis monetario: la cuesti¨®n de la naturaleza y el papel de la moneda
%A Stellian
%A R¨¦mi
%J Lecturas de Econom¨ªa
%D 2012
%I Universidad de Antioquia
%X the basic representation of economic activity usually consists of a set of markets, where agents supply and demand goods. one mechanism, generally price variations, makes total supply equal to total demand on every market. such a situation is defined as equilibrium. due to the still unresolved difficulties to prove convergence towards equilibrium, this paper aims to provide an alternative basic representation. given that a set of markets in equilibrium is a representation stemming from real analysis, where goods are the starting point of every theorization, the alternative representation is built upon money. the latter as a starting point thus gives rise to monetary analysis. the conception of money in monetary analysis, as a unit that allows economic magnitudes to be expressed, and as the means to settle the transactions associated with those magnitudes, leads to a basic representation in terms of an evolving network of payments. the paper then clarifies the theoretical status of goods once given such a basic representation.
%K real analysis
%K market
%K equilibrium
%K monetary analysis
%K money
%K evolving network of payments.
%U http://www.scielo.org.co/scielo.php?script=sci_abstract&pid=S0120-25962012000100010&lng=en&nrm=iso&tlng=en