Read more
Zusatztext Advance praise: 'Professor Cargill has incorporated his many years of teaching and working experience in international finance and monetary markets into this textbook making it very comprehensive! succinct! and well-structured. Although with very little background on finance! I find this book captivating and very easy to understand.' Thanh Phan! Director of Marketing and Recruitment! and Executive MBA Program in Vietnam! Shidler College of Business! University of Hawai'i Informationen zum Autor Professor Thomas F. Cargill has taught and conducted research on financial and monetary economics at the University of California, Davis; University of Hawaii at both Honolulu and Ho Chi Minh City, Vietnam; California State University, Sacramento; Purdue University, Indiana; and since 1973, the University of Nevada, Reno. He has written extensively as a single and joint author on US financial and central banking issues and has also conducted similar research on China, Korea, Japan, and Vietnam. His work has been published in the Journal of Economic History, Credit and Banking, the Journal of Finance, the Journal of Political Economy, Review of Economics and Statistics, and International Finance. Klappentext This is a short, inexpensive textbook that teaches students the fundamentals of money and banking in a clear, narrative form. Zusammenfassung Traditional money and banking textbooks are long! expensive! and full of so much detail that students cannot understand the big picture. Thomas F. Cargill presents a new alternative: a short! inexpensive book that teaches students the fundamentals of government and central bank policies in a clear! narrative form. Inhaltsverzeichnis Part I. Introduction to the Financial and Monetary Regime: 1. The financial and monetary regime; 2. Basic concepts regarding money; Part II. The Financial System Component of the Financial and Monetary Regime: 3. The financial system and the country's flow of funds; 4. Interest rates in the financial system; 5. The level of interest rates; 6. The structure of interest rates; 7. International dimensions of the financial system; Part III. The Role of Government in the Financial and Monetary Regime: 8. The basic roles of government in the financial and monetary regime; 9. Regulation and supervision of the financial system; 10. A short history of the US financial and monetary regime in action; Part IV. Five Steps to Understanding Central Banks and Central Bank Policy: 11. The five steps and step 1 - the institutional design of the central bank; 12. Central banks, base money and the money supply; 13. Step 2 - tools of monetary policy and step 3 - monetary policy instruments; 14. Step 4 - the central bank model of the economy; 15. Step 5 - final policy targets; 16. Monetary policy tactics, strategy and rules versus discretion; Part V. Performance of the US financial and monetary regime: 17. Four important periods in the US financial and monetary regime....