Money, Banking, and the Financial System

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

  • Glenn Hubbard, 
  • Anthony Patrick O'Brien

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Money, Banking, and The Financial System explores the significant changes in the last decade in how money is borrowed and lent, how banks and financial firms operate and how policymakers regulate the financial system. You’ll build essential skills for navigating the current monetary and financial system.

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

ISBN-13: 9780136893523

Subject: Economics

Category: Topics in Microeconomics

Table of contents

1. Introducing Money and the Financial System
2. Money and the Payments System
3. Interest Rates and Rates of Return
4. Determining Interest Rates

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

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

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

17. Monetary Theory I: The Aggregate Demand and Aggregate Supply Model
18. Monetary Theory II: The IS-MP Model

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