A course in money, banking, and financial merkets is challenging for boh students and instructors. Our key objective in writing Money, Banking, and Financial Markets was to provide the student reader with a sophisticated, yet accessible understanding of the subject matter while simultaneously providing the instructor with an up-to-date and sensibly organized presentation of the full range of topics appropriate for a thoroughly modern course. We have aimed to achieve this two-part objective in several ways:
- Fully intergrated coverage of international financial markets and the global economics is a fundamental characteristic of the text.
- Cutting-edge developments in information technology and their economic and financial inplications are examined throughout.
- Current-interest features underlining the real-world relevance of the study of money, banking, and financial markets appear in each chapter.
- Frequent margin references to Internet reources are included, along with end-of-chapter Online Application questions.
- The more than 200 graphs for this textbook are the best in any text in this area. All lines and curves are color coded in a consistent manner, and we have provided full explanations underneath or alongside each graph or set of graphs.
- A student CD-ROM is packaged with every copy of the text. This free supplement links the student to an Internet site containing a discussion of the Gramm-Leach-Bliley Financial Modernization Act, individual sections of the legislation, and summaries of their implications. The CD also links the student to recent articles on topics relating to banking, financial markets, international finance, and monetary policy. Furthermore, it includes direct links to key Web sites relating to each of these topic areas.
Unit 1 Introduction
Unit 2 Financial Markets, Instruments, and Institutions
Unit 3 Depository Financial Institutions
Unit 4 Central Banking, Monetary Policy, and the Federal Reserve System
Unit 5 Monetary Policy and the Economy
Unit 6 Monetary Policy