More New and Used
from Private Sellers
Questions About This Book?
Why should I rent this book?
Renting is easy, fast, and cheap! Renting from eCampus.com can save you hundreds of dollars compared to the cost of new or used books each semester. At the end of the semester, simply ship the book back to us with a free UPS shipping label! No need to worry about selling it back.
How do rental returns work?
Returning books is as easy as possible. As your rental due date approaches, we will email you several courtesy reminders. When you are ready to return, you can print a free UPS shipping label from our website at any time. Then, just return the book to your UPS driver or any staffed UPS location. You can even use the same box we shipped it in!
What version or edition is this?
This is the 3rd edition with a publication date of 9/29/2010.
What is included with this book?
- The Used copy of this book is not guaranteed to include any supplemental materials. Typically, only the book itself is included.
- The eBook copy of this book is not guaranteed to include any supplemental materials. Typically only the book itself is included.
Cecchetti & SchoenholtzMoney, Banking, and Financial Markets, 3rd edition offers a fresh, modern, and more student-friendly approach. Students will find the material relevant and interesting because of the book's unique emphasis on the Five Core Principles, the early introduction of risk, and an integrated global perspective. By focusing on the big picture via core principles, Cecchetti & Schoenholtz teaches students the rationale for financial rules and institutional structure so that even when the financial system evolves, students' knowledge will not be out of date.The worldwide financial crisis of 20072009 was the most severe since that of the 1930s, and the recession that followed was the most widespread and costly since the Great Depression. Around the world, it cost tens of millions of workers their jobs. In the United States, millions of families lost their homes and their wealth. To stem the crisis, governments and central banks took aggressive and, in many ways, unprecedented actions. As a result,change will be sweeping through the world of banking and financial markets for years to come. Just as the crisis is transforming the financial system and government policy, it is transforming the study of money and banking.Against this background, students who memorize the operational details of today's financial system are investing in a shortlived asset. Cecchetti & SchoenholtzMoney, Banking, and Financial Markets, 3e focuses on the basic functions served by the financial system while deemphasizing its current structure and rules. Learning the economic rationale behind current financial tools, rules, and structures is much more valuable than concentrating on the tools, rules, and structures themselves. Students will gain the ability to understand and evaluate whatever financial innovations and developments they confront.
Table of Contents
|Money and the Financial System|
|An Introduction to Money and the Financial System|
|Money and the Payments System|
|Financial Instruments, Financial Markets, and Financial Institutions|
|Interest Rates, Financial Instruments, and Financial Markets|
|Future Value, Present Value, and Interest Rates|
|Bonds, Bond Prices, and the Determination of Interest Rates|
|The Risk and Term Structure of Interest Rates|
|Stocks, Stock Markets, and Market Efficiency|
|Derivatives: Futures, Options, and Swaps|
|The Economics of Financial Intermediation|
|Depository Institutions: Banks and Bank Management|
|Financial Industry Structure|
|Regulating the Financial System|
|Central Banks, Monetary Policy, and Financial Stability|
|Central Banks in the World Today|
|The Structure of Central Banks: The Federal Reserve and the European Central Bank|
|The Central Bank Balance Sheet and the Money Supply Process|
|Monetary Policy: Stabilizing the Domestic Economy|
|Exchange Rate Policy and the Central Bank|
|Modern Monetary Economics|
|Money Growth, Money Demand, and Monetary Policy|
|Output, Inflation, and Monetary Policy|
|Understanding Business Cycle Fluctuations|
|Modern Monetary Policy and the Challenges Facing Central Bankers|
|Table of Contents provided by Publisher. All Rights Reserved.|