Financial Markets and Institutions takes a practical approach to the changing landscape of financial markets and institutions. The text uses core principles to introduce topics, then examines these models via real-world scenarios. Empirical applications of themes help you develop essential critical-thinking and problem-solving skills.
The 10th Edition reflects major changes in the aftermath of the global financial and Covid crises. With timely new sections, cases and boxes, youll have the latest, most relevant information to help prepare you for your future career.
目 錄
PART I: INTRODUCTION
Ch 1 Why Study Financial Markets and Institutions?
Ch 2 Overview of the Financial System
PART II: FUNDAMENTALS OF FINANCIAL MARKETS
Ch 3 What Do Interest Rates Mean and What Is Their Role in Valuation?
Ch 4 Why Do Interest Rates Change?
Ch 5 How Do Risk and Term Structure Affect Interest Rates?
Ch 6 Are Financial Markets Efficient?
PART III: FUNDAMENTALS OF FINANCIAL INSTITUTIONS
Ch 7 Why Do Financial Institutions Exist?
Ch 8 Why Do Financial Crises Occur and Why Are They So Damaging to the Economy?
PART IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY
Ch 9 Central Banks
Ch10 Conduct of Monetary Policy
PART V: FINANCIAL MARKETS
Ch11 The Money Markets
Ch12 The Bond Market
Ch13 The Stock Market
Ch14 The Mortgage Markets
Ch15 The Foreign Exchange Market
Ch16 The International Financial System
PART VI: THE FINANCIAL INSTITUTIONS INDUSTRY
Ch17 Banking and the Management of Financial Institutions
Ch18 Financial Regulation
Ch19 Banking Industry: Structure and Competition
Ch20 The Mutual Fund Industry
Ch21 Insurance Companies and Pension Funds
Ch22 Investment Banks, Security Brokers and Dealers, and Venture Capital Firms
PART VII: THE MANAGEMENT OF FINANCIAL INSTITUTIONS
Ch23 Risk Management in Financial Institutions
Ch24 Hedging with Financial Derivatives
Chapters on the Web
Ch25 Financial Crises in Emerging Market Economies
