Thoroughly up-to-date, heavily applied money and banking textbook with a highly effective unifying theme of risk, liquidity, and information; systematic attention to important international developments, including the Asian financial crisis and the establishment of the European economic union. Emphasis on learning to apply the material -- through such features as "Moving from Theory to Practice, "Using the News," "Case Studies," and "Checkpoints" - is outstanding and teaches the students a very valuable skill.
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Currently the Russell L. Carson Professor of Economics and Finance at the Graduate School of Business, and the Professor of Economics in the Department of Economics at Columbia University, Glenn Hubbard received his B.A. and B.S. from the University of Central Florida and A.M. and Ph.D. in economics from Harvard University, where he was honored with both National Science Foundation and Alfred P. Sloan Foundation fellowships.
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