- ホーム
- > 洋書
- > 英文書
- > Business / Economics
Full Description
This innovative text offers an introduction to money, banking, and financial markets, with a special emphasis on the importance of confidence and trust in the macroeconomic system. It also presents the theory of endogenous money creation, in contrast to the standard money multiplier and fractional reserve explanation found in other textbooks. The U.S. economy and financial institutions are used to explain the theoretical and practical framework, with international examples weaved in throughout the text. It covers key topics including monetary policy, fiscal policy, accounting principles, credit creation, central banks, and government treasuries. Additionally, the book considers the international economy, including exchange rates, the Eurozone, Chinese monetary policy, and reserve currencies. Taking a broad look at the financial system, it also looks at banking regulation, cryptocurrencies, real estate, and the oil and gold commodity markets. Students are supported with chapter objectives, key terms, and problems. A test bank is available for instructors. Further instructional resources, including a Teaching Guide and PowerPoint slides, can be accessed at https://money-banking-markets.com/teaching-guides/ This is an accessible introductory textbook for courses on money and banking, macroeconomics, monetary policy, and financial markets.
Contents
Prologue
Introduction
Part I: How the Economy Works
Confidence, Monetary Policy, and Fiscal Policy
Basic Accounting and Financial Statements
Relationship of the Federal Reserve Bank and the U.S. Treasury Department
The Truth Behind Money Creation
Money, Banking, and the Real Economy
Global Monetary Linkage
Monetary Sterilization in China
World Reserve Currency
Part II: Related Topics
Real Estate
Oil
Gold
Cryptocurrencies
Conclusion
Other References
Index
