Essentials of Money, Banking and Financial Institutions

Essentials of Money, Banking and Financial Institutions PDF

Author: Samuel K. Andoh

Publisher: Lexington Books

Published: 2014-10-15

Total Pages: 269

ISBN-13: 0739189549

DOWNLOAD EBOOK →

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

Money, Banking and Financial Markets PDF

Author: Laurence Ball

Publisher: Macmillan

Published: 2011-02-25

Total Pages: 661

ISBN-13: 1429244097

DOWNLOAD EBOOK →

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

Money, Banking and Financial Markets

Money, Banking and Financial Markets PDF

Author: Lloyd Thomas

Publisher: Cengage Learning

Published: 2005-01-05

Total Pages: 600

ISBN-13: 9780324176735

DOWNLOAD EBOOK →

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.

Essentials of Money, Banking, and Financial Markets

Essentials of Money, Banking, and Financial Markets PDF

Author: Roger LeRoy Miller

Publisher:

Published: 1996-10-31

Total Pages: 480

ISBN-13: 9780673985828

DOWNLOAD EBOOK →

This text provides students with an overview of the basic concepts of money, banking and finance, as well as introducing them to the changing financial world. Pedagogical features are included to motivate student interest and build understanding of concepts.

Principles of Money, Banking & Financial Markets

Principles of Money, Banking & Financial Markets PDF

Author: Lawrence S. Ritter

Publisher: Prentice Hall

Published: 2008-09

Total Pages: 617

ISBN-13: 9780321339195

DOWNLOAD EBOOK →

Well-known for its engaging, conversational style, this text makes sophisticated concepts accessible, introducing students to how markets and institutions shape the global financial system and economic policy. Principles of Money, Banking, & Financial Markets incorporates current research and data while taking stock of sweeping changes in the international financial landscape produced by financial innovation, deregulation, and geopolitical considerations. T he Basics: Introducing Money, Banking, and Financial Markets; The Role of Money in the Macroeconomy; Financial Instruments, Markets, and Institutions. Financial Instruments and Markets: Interest Rate Measurement and Behavior; The Term and Risk Structure of Interest Rates; The Structure and Performance of Securities Markets; The Pricing of Risky Financial Assets; Money and Capital Markets; Demystifying Derivatives; Understanding Foreign Exchange. Banks and Other Intermediaries: The Nature of Financial Intermediation; Depository Financial Institutions; Nondepository Financial Institutions. Financial System Architecture: Understanding Financial Contracts; The Regulation of Markets and Institutions; Financial System Design. The Art of Central Banking: Who's In Charge Here?; Bank Reserves and the Money Supply; The Instruments of Central Banking; Understanding Movements in Bank Reserves; Monetary Policy Strategy. Monetary Theory: The Classical Foundations; The Keynesian Framework; The ISLM World; Money and Economic Stability in the ISLM World; An Aggregate Supply and Demand Perspective on Money and Economic Stability; Rational Expectations: Theory and Policy Implications; Empirical Evidence on the Effectiveness of Monetary Policy. Grand Finale: Tying It All Together. For all readers interested in money, banking, and financial markets.

Introduction to Central Banking

Introduction to Central Banking PDF

Author: Ulrich Bindseil

Publisher: Springer Nature

Published: 2021-05-18

Total Pages: 128

ISBN-13: 3030708845

DOWNLOAD EBOOK →

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.

Financial Markets, Banking, and Monetary Policy

Financial Markets, Banking, and Monetary Policy PDF

Author: Thomas D. Simpson

Publisher: John Wiley & Sons

Published: 2014-08-04

Total Pages: 384

ISBN-13: 1118872231

DOWNLOAD EBOOK →

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.

The Economics of Money, Banking, and Financial Markets

The Economics of Money, Banking, and Financial Markets PDF

Author: Frederic S. Mishkin

Publisher: Addison Wesley Publishing Company

Published: 2001

Total Pages: 842

ISBN-13:

DOWNLOAD EBOOK →

Mishkin provides coverage of and many new insights into the monetary policy process, the operation of the Federal Reserve, the regulation and supervision of the financial system, and the internationalization of financial markets.