ABOUT THE BOOK

This book focuses on the core issues in money and banking. By using simple applications for anyone that understands basic economics, the lessons in the book provide any student or reader with a background in how financial markets work, how banks as businesses function, how central banks make decisions, and how monetary policy affects the global economy. Money and banking is split into sections based on subject matter, specifically definitions and introductions, financial markets, microeconomic issues, macroeconomy policy, and international finance. It also covers: • Derivative and currency markets • The microeconomics of banking • Trade and currency movements • Asymmetric information and derivative markets • The future of financial markets and their participants