Description

Table of contents:

PART I FOUNDATIONS
1 The Financial System
2 Money and Central Banks
PART II FINANCIAL MARKETS
3 Asset Prices and Interest Rates
4 What Determines Interest Rates?
5 Securities Markets
6 Foreign Exchange Markets
PART III BANKING
7 Asymmetric Information in the Financial System
8 The Banking Industry
9 The Business of Banking
10 Bank Regulation
PART IV MONEY AND THE ECONOMY
11 The Money Supply and Interest Rates
12 Short-Run Economic Fluctuations
13 Economic Fluctuations, Monetary Policy, and the Financial System
14 Inflation and Deflation PART V MONETARY POLICY15 Policies for Economic Stability
16 Monetary Institutions and Strategies 17 Monetary Policy and Exchange Rates
18 Financial Crises