MONEY, BANKING AND FINANCIAL MARKETS is an upper-level undergraduate text that was written with the idea that the money and banking course should be the most interesting and timely course in an economics curriculum. It provides in-depth coverage of the fundamental topics, principles and issues found in a money and banking course: the nature and functions of money, financial institutions and markets, and banking structure and regulation. The nature and structure of the Federal Reserve System is thoroughly covered in this new text, along with instruments of central bank policy, determinants of the level and term structure of interest rates, stock prices, foreign exchange rates, and the nation's money supply. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
Lloyd B. Thomas Bücher


The Financial Crisis and Federal Reserve Policy
- 262 Seiten
- 10 Lesestunden
The book offers a thorough examination of the Federal Reserve's influence on the financial crisis, focusing on its low interest-rate policies from 2002 to 2006. It also analyzes the response under Ben Bernanke, highlighting the aggressive and innovative measures taken following the Lehman Brothers collapse in September 2008. This exploration provides insights into the central bank's actions and their implications for the economy during a critical period.