Money, Banking, and the Financial System, 4th edition

  • Glenn Hubbard, 
  • Anthony Patrick O'Brien

Your access includes:

  • Search, highlight, notes, and more
  • Easily create flashcards
  • Use the app for access anywhere
  • 14-day refund guarantee

$10.99per month

Minimum 4-month term, pay monthly or pay $43.96 upfront

Learn more, spend less

  • Listen on the go

    Learn how you like with full eTextbook audio

  • Find it fast

    Quickly navigate your eTextbook with search

  • Stay organized

    Access all your eTextbooks in one place

  • Easily continue access

    Keep learning with auto-renew

Overview

Money, Banking, and The Financial System explores the extremely important topics of money, banking, and financial markets. In the past 10 years, virtually every aspect of how money is borrowed and lent, how banks and financial firms operate, and how policymakers regulate the financial system has changed.

The 4th Edition arms you with the most up-to-date coverage of events to grasp these changes and navigate the current monetary and financial system.

Published by Pearson (May 3rd 2021) - Copyright © 2022

ISBN-13: 9780136893523

Subject: Economics

Category: Money & Banking

Overview

PART 1: 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 2: 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 3: FINANCIAL INSTITUTIONS
9. Transactions Costs, Asymmetric Information, and the Structure of the Financial System
10. The Economics of Banking
11. Beyond Commercial Banks: Shadow Banks and Nonbank Financial Institutions
12. Financial Crises and Financial Regulation

PART 4: 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 5: 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

Your questions answered

Pearson+ is your one-stop shop, with eTextbooks and study videos designed to help students get better grades in college.

A Pearson eTextbook is an easy‑to‑use digital version of the book. You'll get upgraded study tools, including enhanced search, highlights and notes, flashcards and audio. Plus learn on the go with the Pearson+ app.

Your eTextbook subscription gives you access for 4 months. You can make a one‑time payment for the initial 4‑month term or pay monthly. If you opt for monthly payments, we will charge your payment method each month until your 4‑month term ends. You can turn on auto‑renew in My account at any time to continue your subscription before your 4‑month term ends.

When you purchase an eTextbook subscription, it will last 4 months. You can renew your subscription by selecting Extend subscription on the Manage subscription page in My account before your initial term ends.

If you extend your subscription, we'll automatically charge you every month. If you made a one‑time payment for your initial 4‑month term, you'll now pay monthly. To make sure your learning is uninterrupted, please check your card details.

To avoid the next payment charge, select Cancel subscription on the Manage subscription page in My account before the renewal date. You can subscribe again in the future by purchasing another eTextbook subscription.

Channels is a video platform with thousands of explanations, solutions and practice problems to help you do homework and prep for exams. Videos are personalized to your course, and tutors walk you through solutions. Plus, interactive AI‑powered summaries and a social community help you better understand lessons from class.

Channels is an additional tool to help you with your studies. This means you can use Channels even if your course uses a non‑Pearson textbook.

When you choose a Channels subscription, you're signing up for a 1‑month, 3‑month or 12‑month term and you make an upfront payment for your subscription. By default, these subscriptions auto‑renew at the frequency you select during checkout.

When you purchase a Channels subscription it will last 1 month, 3 months or 12 months, depending on the plan you chose. Your subscription will automatically renew at the end of your term unless you cancel it.

We use your credit card to renew your subscription automatically. To make sure your learning is uninterrupted, please check your card details.