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Money, Banking, and Financial Markets - A Modern Introduction to Macroeconomics (Hardcover)
Loot Price: R4,992
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Money, Banking, and Financial Markets - A Modern Introduction to Macroeconomics (Hardcover)
Expected to ship within 12 - 17 working days
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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 U.S. economy and financial institutions are
used to explain the theoretical and practical framework, with
international examples weaved in throughout the text. It covers key
topics including monetary policy, fiscal policy, accounting
principles, credit creation, central banks, and government
treasuries. Additionally, the book considers the international
economy, including 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. A test bank is available for instructors. This is an
accessible introductory textbook for courses on money and banking,
macroeconomics, monetary policy, and financial markets.
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