Money, Banking, and the Financial System, 2nd Edition

By R. Glenn Hubbard, Anthony Patrick O'Brien

Published by Prentice Hall

Published Date: Feb 4, 2013

Description

 

For students in the Money and Banking Economics course. This book is also suitable for readers interested in learning about money, banking, and the financial system in the context of contemporary events, policy, and business. 

 

Make the link between theory and real-world easier with the most up-to-date Money and Banking textbook on the market today! 

 

Hubbard/O'Brien's textbook presents Money, Banking, and the Financial System in the context of contemporary events, policy, and business with an integrated explanation of today’s financial crisis. Reviewers tell us that Hubbard/O'Brien helps make the link between theory and real-world easier for students!

The second edition retains the modern approach of the first edition, while incorporating several changes to address feedback from instructors and students and also to reflect the authors’ own classroom experiences.


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MyEconLab is a powerful assessment and tutorial system that works hand-in-hand with Money and Banking. MyEconLab includes comprehensive homework, quiz, test, and tutorial options, where instructors can manage all assessment needs in one program.

 

Note: If you are purchasing the standalone text (ISBN: 0-13-299491-7) or electronic version, MyEconLab does not come automatically packaged with the text. To purchase MyEconLab, please visit: www.myeconlab.com or you can purchase a package of the physical text + MyEconLab by searching the Pearson Higher Education web site. MyEconLab is not a self-paced technology and should only be purchased when required by an instructor.

Table of Contents

PART I. FOUNDATIONS

1. Introducing Money and the Financial System

2. Money and the Payments System

3. Interest Rates and Rates of Return

4. Determining Interest Rates

 

PART II. FINANCIAL MARKETS

5. The Risk Structure and Term Structure of Interest Rates

6. The Stock Market, Information, and Financial Market Efficiency

7. Derivatives and Derivative Markets

8. The Market for Foreign Exchange

 

PART III. FINANCIAL INSTITUTIONS

9. Transactions Costs, Asymmetric Information, and the Structure of the Financial System

10. The Economics of Banking

11. Investment Banks, Mutual Funds, Hedge Funds, and the Shadow Banking System

12. Financial Crises and Financial Regulation

 

PART IV. MONETARY POLICY

13. The Federal Reserve and Central Banking

14. The Federal Reserve’s Balance Sheet and the Money Supply Process

15. Monetary Policy

16. The International Financial System and Monetary Policy

 

PART V. THE FINANCIAL SYSTEM AND THE MACROECONOMY

17. Monetary Theory I: The Aggregate Demand and Aggregate Supply Model

18. Monetary Theory II: The IS—MP Model

Purchase Info

ISBN-10: 0-13-299491-7

ISBN-13: 978-0-13-299491-0

Format: Alternate Binding

$245.20 | Free Ground Shipping.

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