Pearson, 2018. — 706 p. — ISBN 978-1-292-21500-6
Why study financial markets and institutions?
Overview of the financial system.
Fundamentals of financial markets.
What do interest rates mean and what is their role in valuation?
Why do interest rates change?
How do risk and term structure affect interest rates?
Are financial markets efficient?
Fundamentals of financial institutions.
Why do financial institutions exist?
Why do financial crises occur and why are they.
So damaging to the economy?
Central banking and the conduct of monetary policy.
Central banks.
Conduct of monetary policy.
Financial markets.
The money markets.
The bond market.
The stock market.
The mortgage markets.
The foreign exchange market.
The international financial system.
The financial institutions industry.
Banking and the management of financial institutions.
Financial regulation.
Banking industry: structure and competition.
The mutual fund industry.