Money and Banking : An International Text

ISBN-13: 9780415775465 / Angielski / Twarda / 2009 / 234 str.

Robert Eyler

Opis

This textbook focuses on the core issues in money and banking providing students 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.

This textbook introduces the student to the ins and outs of money, banking, financial markets and international macroeconomics, and show how these subjects tie together. It is perfect for undergraduate courses in money and banking, monetary theory or central banking. Special features include:

• a concentration on the microfoundations of money and banking, with an emphasis on banks and financial institutions as businesses, employing analysis from industrial organization, microeconomic theory and game theory
• a properly international perspective and a recognition that banks and other firms operate across borders.
• An examination of how money moves through our economy and an exposition of finance as a fluid, dynamic phenomenon

The book is supplemented with a supporting website, a host of real world case studies and stimulating questions for discussion.

Spis treści

1. Understanding Money  2. Interest Rates and Financial Markets  3. Risk and Risk Aversion  4. Equity Markets, Stock Markets and Real Estate  5. Derivative Asset and Insurance Markets  6. Financial Intermediaries  7. The Microeconomics of Banking  8. Connections between Commercial and Central Banking  9. The Domestic Market for Money  10. Money, Employment, Inflation and Expectations  11. Money and the Macroeconomy  12. Monetary Policy in the Open Macroeconomy  13. The World Economy and Monetary Policy Choices  14. The Future of Banking, Private and Central

O autorze

Robert Eyler is Professor and Chair of Economics at Sonoma State University, and has been a visiting scholar at both the University of Bologna and Stanford University. He has a PhD in economics from University of California, Davis, USA.