Provides a unique comparative survey of financial systems in Europe and the US, unified under a rigorous theoretical framework.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
‘Essential reading for anyone wanting in-depth knowledge of the way financial systems operate around the world, particularly in Europe.’
Dr Sugata Ghosh, BrunelUniversity
;The written style of the textbook is very good and student-friendly. One of the key strengths of this
textbook is its very large coverage of topics. It is a very good handbook for a first contact with the different topics for undergraduate students. Another strength of the book is its European focus.’
Gert Peersman, Ghent
In a time of such great movement and instability in money markets across the globe, there is no time more apt for publication of a fourth edition of The Economics of Money, Banking and Finance. From the boom in subprime mortgage lending to the subsequent credit crunch and bank reforms across Europe, this fourth edition clearly explains the financial economic theory behind recent events and closely examines institutional and policy discussions relevant to the ‘ real world’ of contemporary Europe.
What’s New:
· Chapter 15,Money markets deals with recent changes in Bank of England money market operations
· Chapter 13, The demand for moneynow reflects widely-recognised research that monetary policy impulses flow directly from the policy rate set by the central bank, rather than by any evolution in the quantity of money itself
· Chapter 26, Financial market efficiencyincludes increased coverage of behavioural finance
· Recognising the explosion of relevant material available on the Internet, More From The Web boxes suggest the best sites to access for different topics
· New FT articlesin every chapter
· New case studies such as the Northern Rock affair and Judging the regulator – the FSA, praise and blame
Assuming a basic grounding in economic principles, The Economics of Money, Banking and Finance is suitable for a range of one and two semester courses at undergraduate level and appeals to financial services students as well as students of economics.
About the authors
Peter Howells is Professor of monetary economics at BristolBusinessSchool, University of the West of England, specialising in monetary and financial economics.
Keith Bainis formerly of the Universityof East Londonwhere he specialised in monetary economics and macroeconomic policy.
Also Available:
Financial Markets and Institutionspublished in a new fifth edition by Peter Howells and Keith Bain (ISBN 978-0-273-70919-0)
Financial Markets and Institutionsfocuses less on the theory and workings of financial systems of countries in Europeand more, as the title suggests, on market activity.
Visit www.pearsoned.co.uk/howells to access the Companion Website for this text including:
· Additional multiple choice questions to self check your learning and receive automatic feedback
· Written answer questions with hints to help you get to the key points
· Annotated hotlinks to useful websit
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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