Money, Banking and Financial Markets
3rd Edition
Published on 1. January 2013
Book
Paperback/Softback
978-1-259-07119-5 (ISBN)
Description
Cecchetti's Money, Banking, and Financial Markets, 3e offers a fresh, modern, and more student-friendly approach to the subject. Students will find the material more relevant and interesting because of the book's unique emphasis on the Five Core Principles, the early introduction of risk, and an integrated global perspective. Cecchetti is the money and banking book for today's students. By focusing on the big picture via core principles, Cecchetti teaches students the rationale for financial rules and institutional structure so that even when the financial system evolves, students' knowledge will not be out of date. Cecchetti & Schoenholtz Money, Banking, and Financial Markets, 3e focuses on the basic functions served by the financial system while deemphasizing its current structure and rules. Learning the economic rationale behind current financial tools, rules, and structures is much more valuable than concentrating on the tools, rules, and structures themselves. Students will gain the ability to understand and evaluate whatever financial innovations and developments they confront.
More details
Edition
Global ed of 3rd revised ed
Language
English
Place of publication
London
United States
Publishing group
McGraw-Hill Education - Europe
Edition type
Revised edition
Dimensions
Height: 255 mm
Width: 203 mm
Thickness: 25 mm
Weight
1233 gr
ISBN-13
978-1-259-07119-5 (9781259071195)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Content
Part I. Money and the Financial System Chapter 1 An Introduction to Money and the Financial System Chapter 2 Money and the Payments System Chapter 3 Financial Instruments, Financial Markets, and Financial Institutions Part II. Interest Rates, Financial Instruments, and Financial Markets Chapter 4 Future Value, Present Value, and Interest Rates Chapter 5 Understanding Risk Chapter 6 Bonds, Bond Prices, and the Determination of Interest Rates Chapter 7 The Risk and Term Structure of Interest Rates Chapter 8 Stocks, Stock Markets, and Market Efficiency Chapter 9 Derivatives: Futures, Options, and Swaps Chapter 10 Foreign Exchange Part III. Financial Institutions Chapter 11 The Economics of Financial Intermediation Chapter 12 Depository Institutions: Banks and Bank Management Chapter 13 Financial Industry Structure Chapter 14 Regulating the Financial System Part IV. Central Banks, Monetary Policy, and Financial Stability Chapter 15 Central Banks in the World Today Chapter 16 The Structure of Central Banks: The U.S. Federal Reserve & European Central Bank Chapter 17 The Central Bank Balance Sheet and the Money Supply Process Chapter 18 Monetary Policy: Using Interest Rates to Stabilize the Domestic Economy Chapter 19 Exchange Rate Policy and the Central Bank Part V. Modern Monetary Economics Chapter 20 Money Growth, Money Demand, and Monetary Policy Chapter 21 Modern Monetary Policy and Aggregate Demand Chapter 22 Understanding Business Cycles Chapter 23 Monetary Policy, Output, and Inflation in the Short Run