The Economics of Money, Banking, and Financial Markets, 7th Canadian Edition, (PDF) offers an analytical framework that uses fundamental economic principles to organize a university student’s thinking about the structure of financial markets, the financial institution management, foreign exchange markets, and the role of monetary policy in the economy.
KEY TOPICS:
Why Study Money, Banking, and Financial Markets?
Defining Aggregate Output, the Price Level, Income, and the Inflation Rate; An Overview of the Financial System; What Is Money?; Economic Analysis of Financial Regulation, The Behaviour of Interest Rates; The Stock Market, the Theory of Rational Expectations, The Risk and Term Structure of Interest Rates; and the Efficient Market Hypothesis; An Economic Analysis of Financial Structure; The Meaning of Interest Rates; Banking Industry: Structure and Competition; Financial Crises; Risk Management with Financial Derivatives; Central Banks and the Bank of Canada; Banking and the Management of Financial Institutions The Money Supply Process; Tools of Monetary Policy; The Foreign Exchange Market; The Interest Parity Condition; The Conduct of Monetary Policy: Strategy and Tactics; The International Financial System; The IS Curve; The Monetary Policy and Aggregate Demand Curves; Quantity Theory, Inflation, and the Demand for Money; Aggregate Demand and Supply Analysis; Monetary Policy Theory; The Role of Expectations in Monetary Policy; Transmission Mechanisms of Monetary Policy
MARKET
Appropriate for Money and Banking courses.
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