The Economics of Money and Banking Chapter 9 Money Demand and Money Supply >>>The Classical Theories of Money Demand 2 The classical quantity theories of money demand Fisher's Equation of Exchange:MV=PT Theories of Money Demand The Cambridge cash-balance approach Md=kPY 6 GUO YING SEM TONGJI UNIVERSITYThe Economics of Money and Banking 6 GUO YING SEM TONGJI UNIVERSITY 2 The classical quantity theories of money demand Chapter 9 Money Demand and Money Supply Theories of Money Demand The Classical Theories of Money Demand Fisher’s Equation of Exchange： MV=PT  The Cambridge cash-balance approach ： Md=kPY