Study Guide For Use With Contemporary Money Banking And Financial Markets

Contains review and tutorial resources, including multiple choice questions, descriptions of key chapter topics and terminology, review essays, and problems.

This innovative text offers an introduction to money, banking, and financial markets, with a special emphasis on the importance of confidence and trust in the macroeconomic system. It also presents the theory of endogenous money creation, in contrast to the standard money multiplier and fractional reserve explanation found in other textbooks. The U.S. economy and financial institutions are used to explain the theoretical and practical framework, with international examples weaved in throughout the text. It covers key topics including monetary policy, fiscal policy, accounting principles, credit creation, central banks, and government treasuries. Additionally, the book considers the international economy, including exchange rates, the Eurozone, Chinese monetary policy, and reserve currencies. Taking a broad look at the financial system, it also looks at banking regulation, cryptocurrencies, real estate, and the oil and gold commodity markets. Students are supported with chapter objectives, key terms, and problems. A test bank is available for instructors. This is an accessible introductory textbook for courses on money and banking, macroeconomics, monetary policy, and financial markets.

Written by James Fackler of the University of Kentucky, the Study Guide contains a wealth of review and tutorial resources, including multiple choice questions, detailed descriptions of key chapter topics and terminology, review essays, and problems. Written with an easy, friendly tone, this Guide is a must for students.