Principles of Money, Banking & Financial Markets: Pearson New International Edition

Description

Well-known for its engaging, conversational style, this text makes sophisticated concepts accessible, introducing students to how markets and institutions shape the global financial system and economic policy. Principles of Money, Banking & Financial Markets incorporates current research and data while taking stock of sweeping changes in the international financial landscape produced by financial innovation, deregulation, and geopolitical considerations. It is easy to encourage students to practice with MyEconLab, the online homework and tutorial system. New to the Twelfth Edition, select end-of-chapter exercises from the book are assignable in MyEconLab and preloaded problem sets allow students to practice even if the instructor has not logged in. For more information about how instructors can use MyEconLab, click here. Cover Table of Contents 1. Introducing Money, Banking, and Financial Markets 2. The Role of Money in the Macroeconomy 3. Financial Instruments, Markets, and Institutions 4. Interest Rate Measurement and Behavior 5. The Term and Risk Structure of Interest Rates 6. The Structure and Performance of Securities Markets 7. The Pricing of Risky Financial Assets 8. Money and Capital Markets 9. Demystifying Derivatives 10. Understanding Foreign Exchange 11. The Nature of Financial Intermediation 12. Depository Financial Institutions 13. Nondepository Financial Institutions 14. Understanding Financial Contracts 15. The Regulation of Markets and Institutions 16. Financial System Design 17. The Classical Foundations 18. The Keynesian Framework 19. The ISLM World 20. Money and Economic Stability in the ISLM World 21. An Aggregate Supply and Demand Perspective on Money and Economic Stability 22. Rational Expectations: Theory and Policy Implications 23. Empirical Evidence on the Effectiveness of Monetary Policy 24. Tying It All Together Glossary Index 4 A B C D E F G H I J K L M N O P Q R S T U V W Y