Author: Samuel K. Andoh
Publisher: Lexington Books
ISBN: 0739189549
Category : Business & Economics
Languages : en
Pages : 269
Book Description
The study of money, banking and financial markets is a required or very popular elective in most undergraduate and graduate programs in economics and finance in Africa. However, the textbooks used are those written primarily for the developed world such as the United States or the U.K. The result is that students graduate with excellent theoretical knowledge about the subject matter as it pertains to the developed economies, but lack the ability to apply the same knowledge to less developed economies. Although the subject matter of money and banking can be treated at a theoretical level, it is best done with institutions in mind. As an application oriented course, references and applications should, as much as possible, be to the conditions and institutions present in the environment where the subject is being studied and where the knowledge will be used, rather than to institutions that exist elsewhere in developed economies. The primary purpose of Essentials of Money, Banking and Financial Institutions is to provide a text in money, banking, and financial institutions in the context of the developing economies, especially Africa. Throughout the book, a deliberate effort will be made to focus the students’ attention on the need to develop the existing institutions so they can help to accelerate economic development.
Essentials of Money, Banking and Financial Institutions
Author: Samuel K. Andoh
Publisher: Lexington Books
ISBN: 0739189549
Category : Business & Economics
Languages : en
Pages : 269
Book Description
The study of money, banking and financial markets is a required or very popular elective in most undergraduate and graduate programs in economics and finance in Africa. However, the textbooks used are those written primarily for the developed world such as the United States or the U.K. The result is that students graduate with excellent theoretical knowledge about the subject matter as it pertains to the developed economies, but lack the ability to apply the same knowledge to less developed economies. Although the subject matter of money and banking can be treated at a theoretical level, it is best done with institutions in mind. As an application oriented course, references and applications should, as much as possible, be to the conditions and institutions present in the environment where the subject is being studied and where the knowledge will be used, rather than to institutions that exist elsewhere in developed economies. The primary purpose of Essentials of Money, Banking and Financial Institutions is to provide a text in money, banking, and financial institutions in the context of the developing economies, especially Africa. Throughout the book, a deliberate effort will be made to focus the students’ attention on the need to develop the existing institutions so they can help to accelerate economic development.
Publisher: Lexington Books
ISBN: 0739189549
Category : Business & Economics
Languages : en
Pages : 269
Book Description
The study of money, banking and financial markets is a required or very popular elective in most undergraduate and graduate programs in economics and finance in Africa. However, the textbooks used are those written primarily for the developed world such as the United States or the U.K. The result is that students graduate with excellent theoretical knowledge about the subject matter as it pertains to the developed economies, but lack the ability to apply the same knowledge to less developed economies. Although the subject matter of money and banking can be treated at a theoretical level, it is best done with institutions in mind. As an application oriented course, references and applications should, as much as possible, be to the conditions and institutions present in the environment where the subject is being studied and where the knowledge will be used, rather than to institutions that exist elsewhere in developed economies. The primary purpose of Essentials of Money, Banking and Financial Institutions is to provide a text in money, banking, and financial institutions in the context of the developing economies, especially Africa. Throughout the book, a deliberate effort will be made to focus the students’ attention on the need to develop the existing institutions so they can help to accelerate economic development.
Money, Banking and Financial Markets
Author: Laurence Ball
Publisher: Macmillan
ISBN: 1429244097
Category : Business & Economics
Languages : en
Pages : 661
Book Description
The breakthrough text that closes the gap between economic theory and the day-to-day behaviour of banks and financial markets. Working from a macro framework based on the Fed's use of interest rate, Ball presents the core concepts necessary to understand the problems of the stock market and the causes of recessions and banking crises
Publisher: Macmillan
ISBN: 1429244097
Category : Business & Economics
Languages : en
Pages : 661
Book Description
The breakthrough text that closes the gap between economic theory and the day-to-day behaviour of banks and financial markets. Working from a macro framework based on the Fed's use of interest rate, Ball presents the core concepts necessary to understand the problems of the stock market and the causes of recessions and banking crises
The Economics of Money, Banking, and Financial Markets
Author: Frederic S. Mishkin
Publisher: Pearson Education
ISBN: 9780321454225
Category : Banks and banking
Languages : en
Pages : 4
Book Description
Economics of Money, Banking, and Financial Markets heralded a dramatic shift in the teaching of the money and banking course in its first edition, and today it is still setting the standard. By applying an analytical framework to the patient, stepped-out development of models, Frederic Mishkin draws students into a deeper understanding of modern monetary theory, banking, and policy. His landmark combination of common sense applications with current, real-world events provides authoritative, comprehensive coverage in an informal tone students appreciate.
Publisher: Pearson Education
ISBN: 9780321454225
Category : Banks and banking
Languages : en
Pages : 4
Book Description
Economics of Money, Banking, and Financial Markets heralded a dramatic shift in the teaching of the money and banking course in its first edition, and today it is still setting the standard. By applying an analytical framework to the patient, stepped-out development of models, Frederic Mishkin draws students into a deeper understanding of modern monetary theory, banking, and policy. His landmark combination of common sense applications with current, real-world events provides authoritative, comprehensive coverage in an informal tone students appreciate.
Essentials of Money and Capital Markets: Fixed Income Markets and Institutions
Author: Miles Livingston
Publisher:
ISBN: 9781516592784
Category : Business & Economics
Languages : en
Pages : 266
Book Description
Essentials of Money and Capital Markets provides students with a comprehensive but concise exploration of financial institutions and financial instruments. The book begins with a discussion of the debt levels in the United States, the variability of interest rates, and the financial crisis of 2007-2009. Over the course of 14 chapters, students learn about the Federal Reserve, the U.S. Treasury, pension plans, mutual funds, banks, determinants of interest rates, time values, money market instruments and rates, and the risks associated with changing interest rates. Dedicated chapters address spot and forward interest rates, arbitrage for bonds, theories of the term structure of interest rates, bond ratings and default risk, mortgages and mortgage-backed securities, futures contracts, and financial futures. The fourth edition features updated coverage of the causes and consequences of the financial crisis of 2007-2009. Featuring class-tested content and insightful coverage, Essentials of Money and Capital Markets is well suited for graduate and upper-level undergraduate courses in business, economics, and finance. Miles B. Livingston is the Bank of America Professor of Finance in the Warrington College of Business at the University of Florida. He holds a Ph.D. and M.B.A. with distinction from New York University and a B.A. from Columbia University. Professor Livingston has taught at the University of Wisconsin, the University of Oregon, Concordia University, York University, the College of William and Mary, Erasmus University, and the University of Melbourne. He has published numerous scholarly articles in a variety of finance journals. In 2005, he was named a Prolific Author in Finance by the Journal of Finance Literature.
Publisher:
ISBN: 9781516592784
Category : Business & Economics
Languages : en
Pages : 266
Book Description
Essentials of Money and Capital Markets provides students with a comprehensive but concise exploration of financial institutions and financial instruments. The book begins with a discussion of the debt levels in the United States, the variability of interest rates, and the financial crisis of 2007-2009. Over the course of 14 chapters, students learn about the Federal Reserve, the U.S. Treasury, pension plans, mutual funds, banks, determinants of interest rates, time values, money market instruments and rates, and the risks associated with changing interest rates. Dedicated chapters address spot and forward interest rates, arbitrage for bonds, theories of the term structure of interest rates, bond ratings and default risk, mortgages and mortgage-backed securities, futures contracts, and financial futures. The fourth edition features updated coverage of the causes and consequences of the financial crisis of 2007-2009. Featuring class-tested content and insightful coverage, Essentials of Money and Capital Markets is well suited for graduate and upper-level undergraduate courses in business, economics, and finance. Miles B. Livingston is the Bank of America Professor of Finance in the Warrington College of Business at the University of Florida. He holds a Ph.D. and M.B.A. with distinction from New York University and a B.A. from Columbia University. Professor Livingston has taught at the University of Wisconsin, the University of Oregon, Concordia University, York University, the College of William and Mary, Erasmus University, and the University of Melbourne. He has published numerous scholarly articles in a variety of finance journals. In 2005, he was named a Prolific Author in Finance by the Journal of Finance Literature.
Money, Credit, and Crises
Author: Nektarios Michail
Publisher: Springer Nature
ISBN: 3030643840
Category : Business & Economics
Languages : en
Pages : 257
Book Description
While paramount to the modern economy, understanding how the banking system works has been usually cast aside from overall economic education. Even in the aftermath of the recent financial crisis, which has underlined the vital importance of banking in the economy, the workings of the sector remain a black box. To this end, this book provides a comprehensive and easy to read review of the banking sector, covering all issues related to commercial and investment banking and providing experienced as well as non-expert readers the opportunity to expand their knowledge on these topics. After going through the book, readers have the opportunity to gain a deeper knowledge regarding the commercial and investment functions of the banking sector and the ability to evaluate the potential outcome of policy actions.
Publisher: Springer Nature
ISBN: 3030643840
Category : Business & Economics
Languages : en
Pages : 257
Book Description
While paramount to the modern economy, understanding how the banking system works has been usually cast aside from overall economic education. Even in the aftermath of the recent financial crisis, which has underlined the vital importance of banking in the economy, the workings of the sector remain a black box. To this end, this book provides a comprehensive and easy to read review of the banking sector, covering all issues related to commercial and investment banking and providing experienced as well as non-expert readers the opportunity to expand their knowledge on these topics. After going through the book, readers have the opportunity to gain a deeper knowledge regarding the commercial and investment functions of the banking sector and the ability to evaluate the potential outcome of policy actions.
Introduction to Central Banking
Author: Ulrich Bindseil
Publisher: Springer Nature
ISBN: 3030708845
Category : Business & Economics
Languages : en
Pages : 128
Book Description
This open access book gives a concise introduction to the practical implementation of monetary policy by modern central banks. It describes the conventional instruments used in advanced economies and the unconventional instruments that have been widely adopted since the financial crisis of 2007–2008. Illuminating the role of central banks in ensuring financial stability and as last resort lenders, it also offers an overview of the international monetary framework. A flow-of-funds framework is used throughout to capture this essential dimension in a consistent and unifying manner, providing a unique and accessible resource on central banking and monetary policy, and its integration with financial stability. Addressed to professionals as well as bachelors and masters students of economics, this book is suitable for a course on economic policy. Useful prerequisites include at least a general idea of the economic institutions of an economy, and knowledge of macroeconomics and monetary economics, but readers need not be familiar with any specific macroeconomic models.
Publisher: Springer Nature
ISBN: 3030708845
Category : Business & Economics
Languages : en
Pages : 128
Book Description
This open access book gives a concise introduction to the practical implementation of monetary policy by modern central banks. It describes the conventional instruments used in advanced economies and the unconventional instruments that have been widely adopted since the financial crisis of 2007–2008. Illuminating the role of central banks in ensuring financial stability and as last resort lenders, it also offers an overview of the international monetary framework. A flow-of-funds framework is used throughout to capture this essential dimension in a consistent and unifying manner, providing a unique and accessible resource on central banking and monetary policy, and its integration with financial stability. Addressed to professionals as well as bachelors and masters students of economics, this book is suitable for a course on economic policy. Useful prerequisites include at least a general idea of the economic institutions of an economy, and knowledge of macroeconomics and monetary economics, but readers need not be familiar with any specific macroeconomic models.
Money, Banking, and Financial Markets
Author: Dale K. Cline
Publisher: Routledge
ISBN: 100055256X
Category : Business & Economics
Languages : en
Pages : 191
Book Description
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.
Publisher: Routledge
ISBN: 100055256X
Category : Business & Economics
Languages : en
Pages : 191
Book Description
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.
Money, Banking and Financial Markets
Author: Lloyd Thomas
Publisher: Cengage Learning
ISBN: 9780324176735
Category : Business & Economics
Languages : en
Pages : 600
Book Description
MONEY, BANKING AND FINANCIAL MARKETS is an upper-level undergraduate text that was written with the idea that the money and banking course should be the most interesting and timely course in an economics curriculum. It provides in-depth coverage of the fundamental topics, principles and issues found in a money and banking course: the nature and functions of money, financial institutions and markets, and banking structure and regulation. The nature and structure of the Federal Reserve System is thoroughly covered in this new text, along with instruments of central bank policy, determinants of the level and term structure of interest rates, stock prices, foreign exchange rates, and the nation's money supply. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Publisher: Cengage Learning
ISBN: 9780324176735
Category : Business & Economics
Languages : en
Pages : 600
Book Description
MONEY, BANKING AND FINANCIAL MARKETS is an upper-level undergraduate text that was written with the idea that the money and banking course should be the most interesting and timely course in an economics curriculum. It provides in-depth coverage of the fundamental topics, principles and issues found in a money and banking course: the nature and functions of money, financial institutions and markets, and banking structure and regulation. The nature and structure of the Federal Reserve System is thoroughly covered in this new text, along with instruments of central bank policy, determinants of the level and term structure of interest rates, stock prices, foreign exchange rates, and the nation's money supply. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Financial Markets, Banking, and Monetary Policy
Author: Thomas D. Simpson
Publisher: John Wiley & Sons
ISBN: 1118872231
Category : Business & Economics
Languages : en
Pages : 384
Book Description
An essential resource for understanding complex modern financial markets, monetary policy, and banking systems The international economic environment has evolved to the point that what constitutes money is not always clear-cut, and monetary aggregates are undependable as guides to overall policy. Central banks have had to turn to very different tactics in order to achieve their stated policy goals. In this in-depth resource, Thomas D. Simpson—a former official with the Federal Reserve System—introduces a new approach to both monetary policy and the overall financial system. Financial Markets, Banking, and Monetary Policy highlights the role of each major financial market and institution and shows how they've become a part of the overall financial system. The book also describes the important features of central banks—along with their responsibility for achieving specific macroeconomic objectives—and reveals how they pursue goals for inflation, employment, and the economy. While highlighting the United States system, Simpson's comprehensive view of banking and monetary policy is equally applicable to the financial systems and economies of other developed nations. This reliable resource is solidly grounded in economic principles and on the key term structure of interest rate relationships. Simpson explores how the term structure relationship plays a central role in the conduct of monetary policy and outlines a framework for understanding financial crises and the systemic risk faced by modern economies. The book explains in detail the evolving integration of central banks' various methods for conducting monetary and financial stability policies. Filled with illustrative examples and charts, this resource delves into the interconnection between financial markets and institutions, monetary policy, and performance of the economy. An indispensible resource for both professionals and students of finance and economics, Financial Markets, Banking, and Monetary Policy offers a clear understanding of Simpson's term structure relationship and how it works throughout the financial system.
Publisher: John Wiley & Sons
ISBN: 1118872231
Category : Business & Economics
Languages : en
Pages : 384
Book Description
An essential resource for understanding complex modern financial markets, monetary policy, and banking systems The international economic environment has evolved to the point that what constitutes money is not always clear-cut, and monetary aggregates are undependable as guides to overall policy. Central banks have had to turn to very different tactics in order to achieve their stated policy goals. In this in-depth resource, Thomas D. Simpson—a former official with the Federal Reserve System—introduces a new approach to both monetary policy and the overall financial system. Financial Markets, Banking, and Monetary Policy highlights the role of each major financial market and institution and shows how they've become a part of the overall financial system. The book also describes the important features of central banks—along with their responsibility for achieving specific macroeconomic objectives—and reveals how they pursue goals for inflation, employment, and the economy. While highlighting the United States system, Simpson's comprehensive view of banking and monetary policy is equally applicable to the financial systems and economies of other developed nations. This reliable resource is solidly grounded in economic principles and on the key term structure of interest rate relationships. Simpson explores how the term structure relationship plays a central role in the conduct of monetary policy and outlines a framework for understanding financial crises and the systemic risk faced by modern economies. The book explains in detail the evolving integration of central banks' various methods for conducting monetary and financial stability policies. Filled with illustrative examples and charts, this resource delves into the interconnection between financial markets and institutions, monetary policy, and performance of the economy. An indispensible resource for both professionals and students of finance and economics, Financial Markets, Banking, and Monetary Policy offers a clear understanding of Simpson's term structure relationship and how it works throughout the financial system.
Money, Banking, and Financial Markets
Author: Michael R. Baye
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 870
Book Description
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 bank as a firm, inviting students to view the behaviour of banks through, for example, the prism of supply-and-demand analysis and the economics of information and game theory. Integrated international coverage aims to foster students' appreciation of the global dimensions of money and banking.
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 870
Book Description
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 bank as a firm, inviting students to view the behaviour of banks through, for example, the prism of supply-and-demand analysis and the economics of information and game theory. Integrated international coverage aims to foster students' appreciation of the global dimensions of money and banking.