For courses in economics. Help students master the modern landscape of money, banking, and the financial system Money, Banking, and The Financial System, 4th Edition, gets students excited about the extremely important topics of money, banking, and financial markets. In the past 10 years, virtually every aspect of how money is borrowed and lent, how banks and financial firms operate, and how policymakers regulate the financial system has changed. This text arms students with the most up-to-date coverage of events to grasp these changes and navigate the current monetary and financial system. Reach every student with MyLab Economics with Pearson eText MyLab(R) empowers you to reach every student. This flexible digital platform combines unrivaled content, online assessments, and customizable features so you can personalize learning and improve results, one student at a time. Learn more about MyLab Economics. Pearson eText is an easy-to-use digital textbook available within MyLab that lets students read, highlight, and take notes all in one place. If you're not using MyLab, students can purchase Pearson eText on their own or you can assign it as a course to schedule readings, view student usage analytics, and share your own notes with students. Learn more about Pearson eText.
This edition retains the modern approach of the first edition, while incorporating several changes to address feedback from instructors and students and also to reflect the authors’ own classroom experiences.
The Sixth Edition of The Economics of Money, Banking, and Financial Markets represents the most extensive revision to date of this market-leading textbook. Drawing from his service as Executive Vice...
NOTE: This edition features the same content as the traditional text in a convenient, three-hole-punched, loose-leaf version.
The breakthrough text that closes the gap between economic theory and the day-to-day behaviour of banks and financial markets.
Introducing money and the financial system -- Money and the payments system -- Interest rates and rates of return -- Determining interest rates -- The risk structure and term structure of interest rates -- The stock market, information, and ...
This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book.
This text strives to bring money and banking up-to-date by providing complete, integrated coverage of topics that are important to the twenty-first century world of money and banking.
... 379–381, 380, 384 Keynesian theory of, 565 depreciation of, 377, 436, 529 laissez- faire policy in, 15 devaluation of, 436 macro, 4 exchange rates micro, 4, 182 to euro, 512, 646 processes under, 4 to mark, West German, 436 sectors, ...
Taking a modern approach to money and banking, this text uses core microeconomic and macroeconomic concepts to explain the structure and behaviour of banks. A microeconomic perspective focuses on the...
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.