Textbook

Books Price Comparison (Including Amazon) - Guaranteed Lowest Prices on Books


 

Money, Banking and Financial Markets

 
 
 
 
Money, Banking and Financial Markets
Author: Stephen Cecchetti
ISBN 13: 9780073523095
ISBN 10: 73523097
Edition: 2
Publisher: McGraw-Hill/Irwin
Publication Date: 2007-08-17
Format: Hardcover
Pages: 672
List Price: N/A
 
 

This textbook is organized around five principles: time has value, risk requires compensation, information is the basis for decisions, markets set prices and allocate resources, and stability improves welfare. Five sections cover money and the financial system; interest rates, financial instruments, and financial markets; financial institutions; central banks, monetary policy, and financial stability; and modern monetary economics. Cecchetti (international economics and finance, International Business School) incorporates the discussion of international issues throughout the text, emphasizing when national borders are important to bankers and when they are not. Annotation ©2004 Book News, Inc., Portland, OR