Why study money, banking, and financial markets? -- Defining aggregate output, income, the price level, and the inflation rate -- An overview of the financial system -- What is money? -- Understanding interest rates -- The behavior of interest rates -- The risk and term structure of interest rates -- The stock market, the theory of rational expectations, and the efficient market hypothesis -- An economic analysis of financial structure -- Banking and the management of financial institutions -- Banking industry: structure and competition -- Economic analysis of banking regulation -- Nonbank finance -- Financial derivatives -- Structure of central banks and the federal reserve system -- Multiple deposit creation and the money supply process -- Determinants of the money supply -- Tools of monetary policy -- Conduct of monetary policy: goals and targets -- The foreign exchange market -- The international financial system -- Monetary policy strategy: the international experience -- The demand for money -- The keynesian framework and the islm model -- Monetary and fiscal policy in the islm model -- Aggregate demand and supply analysis -- Transmission mechanisms of monetary policy: the evidence -- Money and inflation -- Rational expectations: implications for policy

Chulalinet's Book Delivery Request