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A model reflecting the monetary approach to the balance of payments was developed in the International Monetary Fund (IMF) in the 1950s. Its purpose was to integrate monetary, income, and balance of payments analysis, and it became the basis of the conditionality applied to IMF credits. Extremely simple, with primary focus on the balance of payments effects of credit creation by the banking system, the model has retained its usefulness for policy purposes over time, as it was adapted to changes in member countries’ priorities and in the international monetary system, in particular the disappearance of the par value system.

Foreign Exchange --- Money and Monetary Policy --- Multiple or Simultaneous Equation Models --- Multiple Variables: General --- Monetary Policy --- Open Economy Macroeconomics --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Monetary economics --- Currency --- Foreign exchange --- Credit --- Monetary base --- Exchange rates --- Domestic credit --- Currencies --- Money --- Money supply --- Sri Lanka

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Microeconomics --- Transport. Traffic --- 656 --- Transport and postal services. Traffic organization and control --- 656 Transport and postal services. Traffic organization and control --- 656 Transport en postdiensten. Verkeersorganisatie en controle --- Transport en postdiensten. Verkeersorganisatie en controle

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Universities and colleges --- Law and legislation