Book Description:
ISBN-13: 9780134524061
Money, Banking, and the Financial System (3rd Edition) is a comprehensive textbook that delves into the intricate world of finance and economics. The book covers a wide range of topics related to money, banking, and the financial system, providing readers with a thorough understanding of how these systems operate and interact with each other.
The book begins by exploring the concept of money and its role in the economy, discussing the various forms of money and how they are created and circulated. It then moves on to examine the banking system, including the functions of banks, the role of central banks, and the importance of financial intermediaries.
The book also delves into the intricacies of financial markets, discussing the various types of financial instruments and how they are traded. It explores the concept of interest rates, inflation, and monetary policy, providing readers with a solid foundation in these key economic concepts.
Money, Banking, and the Financial System (3rd Edition) is a comprehensive and informative textbook that is essential reading for anyone looking to gain a deeper understanding of the complex world of finance and economics.
This edition retains the full content with the added advantage of portability, allowing readers to easily access and engage with the material from any device, whether in a classroom or during fieldwork.