(BQ) Part 1 book "Financial markets and institutions" has contents: Introduction - the financial system; the financial system and the real economy; deposit-taking institutions; non-deposit-taking institutions, the money markets, the capital markets, interest rates. | FINANCIAL MARKETS AND INSTITUTIONS PETER HOWELLS KEITH BAIN With its clear and accessible style, Financial Markets and Institutions will help students make sense of the financial activity that is so widely and prominently reported in the media. Looking at the subject from the economists perspective, the book takes a practical, applied approach and theory is covered only where absolutely necessary in order to help students understand events as they happen in the real world. This fifth edition has been thoroughly updated to reflect the changes that have occurred in the financial system in recent years. Key Features • New! Chapter 12 Financial Market Failure and Financial Crises puts forward arguments concerning for example, the ability of small firms to borrow, the problems of financial exclusion and inadequate long-term saving and the tendency in financial markets to bubbles and crashes. New! Thoroughly updated to include new figures and recent legislative and regulatory changes. • Provides a comprehensive coverage of the workings of financial markets. • Contains sufficient theory to enable students to make sense of current events. • Up-to-date coverage of the role of central banks and the regulation of financial systems. • Focuses on UK and European financial activity, context and constraints. • Offers a wealth of statistical information to illustrate and support the text. • Extensive pedagogy includes revised boxes, illustrations, keywords/concepts, discussion questions, chapter openers, chapter summaries and numerous worked examples. • The book will also be suitable for professional courses in business, banking and finance. Peter Howells is Professor of Monetary Economics at the University of the West of England. Keith Bain is formerly of the University of East London where he specialised in monetary economics and macroeconomic policy. Visit to find online learning support. Frequent use of material from the
