This title is being sold in the downloadable VitalBook™ format.
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rules and institutional structure so that even when the financial system evolves, students’ knowledge will not be out of date.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. Students that choose the VitalBook version of this title have access to powerful digital learning tools. Students can share notes with others, customize the appearance and layout of the content, and organize all their digital course materials from a single program. VitalSource is a downloadable eBook. Students can install their eBook on up to two machines. Students can also print sections of the book for maximum portability.
This title will only allow printing of 2 pages and copying of 2 pages at a time.
Table of Contents
- Front Matter
- Chapter 1: An Introduction to Money and the Financial System
- Chapter 2: Money and the Payments System
- Chapter 3: Financial Instruments, Financial Markets, and Financial Institutions
- Chapter 4: Future Value, Present Value, and Interest Rates
- Chapter 5: Understanding Risk
- Chapter 6: Bonds, Bond Prices, and the Determination of Interest Rates
- Chapter 7: The Risk and Term Structure of Interest Rates
- Chapter 8: Stocks, Stock Markets, and Market Efficiency
- Chapter 9: Derivatives: Futures, Options, and Swaps
- Chapter 10: Foreign Exchange
- Chapter 11: The Economics of Financial Intermediation
- Chapter 12: Depository Institutions: Banks and Bank Management
- Chapter 13: Financial Industry Structure
- Chapter 14: Regulating the Financial System
- Chapter 15: Central Banks in the World Today
- Chapter 16: The Structure of Central Banks: The Federal Reserve and the European Central Bank
- Chapter 17: The Central Bank Balance Sheet and the Money Supply Process
- Chapter 18: Monetary Policy: Using Interest Rates to Stabilize the Domestic Economy
- Chapter 19: Exchange-Rate Policy and the Central Bank
- Chapter 20: Money Growth, Money Demand, and Modern Monetary Policy
- Chapter 21: Output, Inflation, and Monetary Policy
- Chapter 22: Understanding Business Cycle Fluctuations*
- Chapter 23: Modern Monetary Policy and the Challenges Facing Central Bankers
- Glossary
- Photo Credits
- Index
- Features in Cecchetti: Money, Banking, and Financial Markets
- Cecchetti: Money, Banking, and Financial Markets

