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Money, Banking and Financial Markets

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The Product:
ISBN: 007337590X
ISBN-13 / EAN: 9780073375908
Author(s): Stephen G. Cecchetti
Format: Hardcover
Year: 2010
Edition: 3rd
Publisher: Mcgraw-hill Education - Europe
Dimensions: 205mm x 261mm x 27mm
Pages: 704
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Product Description:
Cecchetti's "Money, Banking, and Financial Markets, 3/e" offers a fresh, modern, and more student-friendly approach to the subject. Students will find the material more relevant and interesting because of the book's unique emphasis on the Five Core Principles, the early introduction of risk, and an integrated global perspective. Cecchetti is the money and banking book for today's students. By focusing on the big picture via core principles, Cecchetti teaches students the rationale for financial rules and institutional structure so that even when the financial system evolves, students' knowledge will not be out of date. The worldwide financial crisis of 2007-2009 was the most severe since that of the 1930s, and the recession that followed was the most widespread and costly since the Great Depression. Around the world, it cost tens of millions of workers their jobs. In the United States, millions of families lost their homes and their wealth. To stem the crisis, governments and central banks took aggressive and, in many ways, unprecedented actions. As a result, change will be sweeping through the world of banking and financial markets for years to come.
Just as the crisis is transforming the financi...


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