Finance: The Basics

The Basics

by Erik Banks

Now in its third edition, The Basics is a clear and practical introduction to the world of finance. It thoroughly explains essential financial statements, tools and concepts; fundamental financial instruments and transactions; and global financial participants, markets and systems. This fully revised third edition captures the most important aspects of a changing financial landscape, • Updates on key areas of the financial system, including default experience, corporate finance trends, growth in dark pools, hedge funds, foreign exchange and derivatives, and changes to the international regulatory and central banking framework. • Further real-world examples/studies that introduce, or expand upon, a range of practical topics; 12 updated studies are supplemented by new cases related to reinsurance, central bank quantitative easing and digital currency and payments. • A comprehensive glossary containing key terms discussed in the book. Each chapter is accompanied by an overview and summary, illustrations and tables, real life case studies, and recommended readings. The Basics is essential reading for anyone interested in the fascinating world of finance.

Genres: Finance, Nonfiction, Business, Economics

322 pages, Paperback

First published January 1, 2006

Reviews

[Emma · Rating 4 out of 5]

An informative guide to the basics of financial services. Would be useful for anyone looking for a job in this industry.

[Liam Sweeney · Rating 4 out of 5]

Incredibly informative but also really quite dull. I understand that Finance is a subject slow to inspire but perhaps Mr. Banks could've used more real life examples of finance in action rather than - all too often - referring to 'ABC co.'. If you want to have a relatively deep understanding of finance, though, I would highly recommend.

[Trisha Roberson · Rating 3 out of 5]

Comprehensive overview of macroeconomic finance.

[Mraz · Rating 5 out of 5]

If you are looking for a book that introduces you to the subject of Finance - look no further.

[Larry · Rating 5 out of 5]

Extremely good intro to finance 101, not too simple and self-evident, yet explains concepts and introduces formulas in a succinct way for beginners