Money, Banking, and Financial Markets: A Modern Introduction to Macroeconomics Cline Dale K.
Money, Banking, and Financial Markets: A Modern Introduction to Macroeconomics Cline Dale K. This innovative text offers an introduction to money, banking and financial markets, with a special…
Specifikacia Money, Banking, and Financial Markets: A Modern Introduction to Macroeconomics Cline Dale K.
Money, Banking, and Financial Markets: A Modern Introduction to Macroeconomics Cline Dale K.
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 covers key topics including monetary policy, fiscal policy, accounting principles, credit creation, central banks and government treasuries. 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 US economy and financial institutions are used to explain the theoretical and practical framework, with international examples weaved in throughout the text.
Taking a broad look at the financial system, it also looks at banking regulation, Additionally, the book considers the international economy, including exchange rates, the Eurozone, Chinese monetary policy and reserve currencies.