This book focuses on the core issues in money and banking. By
using simple applications for anyone that understands basic
economics, the lessons in the book provide any student or reader
with a background in how financial markets work, how banks as
businesses function, how central banks make decisions, and how
monetary policy affects the global economy.
Money and Banking is split into sections based on subject
matter, specifically definitions and introductions, financial
markets, microeconomic issues, macroeconomy policy, and
international finance. It also covers:
- derivative and currency markets
- the microeconomics of banking
- trade and currency movements
- asymmetric information and derivative markets
- the future of financial markets and their participants
By providing a mix of microeconomic and macroeconomic
applications, focusing on both international examples and open
economy macroeconomics, this book reduces the minutiae seen in
competing books. Each chapter provides summaries of what should be
learned along the way and why the chapter's topic is important,
regardless of current events. For undergraduate business, economics
or social science students otherwise, this book is a concise source
of information on money, banking and financial markets.
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