Money, Banking and Financial Markets

by Stephen G. Cecchetti

Cecchetti's Money, Banking, and Financial Markets, 2e 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rules and institutional structure so that even when the financial system evolves, students' knowledge will not be out of date.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 author draws on his vast experience, which includes: VP at the Federal Reserve Bank of New York, publishing in and editing various journals, consulting for the European Central Bank, the Bank of England, the Bank of Israel, and the Reserve Bank of Australia, as well as his years of teaching at various schools including Ohio State, Brandeis, Princeton, and Oxford University.

Genres: Economics, Finance, Textbooks, Business

672 pages, Hardcover

First published February 1, 2005

Reviews

[Nikolas Albertson · Rating 4 out of 5]

A decent read. A foundantional knowledge base in macroeconomics may help readers digest otherwise theoretical concepts that are not much applied today. The financial system is explained well, along with the money system. However, monetary policy could be updated with a more modern perspective.

[David · Rating 1 out of 5]

after finished this textbook..one wonders...how the heck can Central Bank print money (QE)???? someone has to pay (inflation, debt, etc)

[Peter · Rating 4 out of 5]

great concept that can applied to investment decisions. Just realized I made several investment mistake in the past

[Michael · Rating 4 out of 5]

Easy to understand textbook on the basics of the financial world and how government monetary policy works.

[Tshidiso · Rating 4 out of 5]

Looking forward to the read more so I am registered for the module dealing with money & financial mkts...