Money, Banking, and Financial Markets (el. knyga) (skaityta knyga) | knygos.lt

Aprašymas

This innovative text offers an introduction to money, banking, and financial markets, with a special emphasis on the importance of confidence and trust in the macroeconomic system. It also presents the theory of endogenous money creation, in contrast to the standard money multiplier and fractional reserve explanation found in other textbooks.

The second edition has been thoroughly revised to provide up-to-date coverage of key topics including monetary policy and the Federal Reserve, fiscal policy, accounting principles, credit creation, central banks, and government treasuries. The U.S. economy and financial institutions are used to explain the theoretical and practical framework, with international examples weaved in throughout the text. Additionally, the book considers the international economy, including trade and tariffs, exchange rates, the Eurozone, Chinese monetary policy, and reserve currencies. Taking a broad look at the financial system, it also looks at banking regulation, cryptocurrencies, real estate, and the oil and gold commodity markets. Students are supported with chapter objectives, key terms, and problems. Instructor resources are also available, including a Teaching Guide, PowerPoint slides and a test bank of questions.

This accessible introductory textbook is suitable for courses on money and banking, macroeconomics, monetary policy, and financial markets.