Money, banking and financial markets : a modern introduction to macroeconomics /

Cline, Dale K.,

Money, banking and financial markets : a modern introduction to macroeconomics / [print] Dale K. Cline and Sandeep Mazumder ; with research and writing assistance from Tina R. Lineberger, CPA. - Abingdon, Oxon ; New York, NY : Routledge, (c)2022. - 1 volume : illustrations (black and white) ; 24 cm

PART 1 - -- HOW THE ECONOMY WORKS: NUTS AND BOLTS. Confidence, monetary policy, and fiscal policy -- Basic accounting and financial statements -- Relationship of the Federal Reserve Bank and the US Treasury Department -- The truth behind money creation -- Money, banking, and the real economy -- Global monetary linkage -- Monetary sterilization in China -- World reserve currency. PART 2 - -- RELATED TOPICS. Real estate -- Oil -- Gold -- Cryptocurrencies.

"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 US 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"--



9781032170268 9781032170305

2021046990

GBC210382 bnb

020466616 Uk


Macroeconomics.
Monetary policy.
Banks and banking.
Money.


Banking.
Macroeconomics.
Public Finance.

HB172.M476.M664 2022