Suitable for an undergraduate one semester or quarter course in money and banking, this title presents an understanding of the dynamic nature of the financial system and how it relates to the aggregate economy. It emphasizes the effects of structural change, globalization, financial innovation, and technology on the financial environment.
Including the financial crisis and the Obama administration's programs to combat it, this title provides balanced coverage of theories, policies, and institutions in a conversational style that avoids complex models and mathematics. It includes learning objectives and end-of-chapter key words and questions, and an online instructor's manual.
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