Financial Markets and Institutions - Hardcover

Howells, Peter; Bain, Keith

Hardcover

ISBN 10: 0201619067 ISBN 13: 9780201619065

Publisher: Financial Times/ Prentice Hall, 2000

Synopsis

For a thorough understanding of the financial activity that is so widely and prominently reported in the media, it is vital that students are able to grasp the theory and principles of the subject. With its clear and accessible exposition, this text will help students make sense of the workings of financial markets and institutions. Theory is covered only where absolutely necessary and a practical, applied approach is taken throughout, to help students understand events as they happen in the real world.

Building on the success of the previous two editions, the third edition of Financial Markets and Institutions has been thoroughly updated to reflect the changes that have occurred in the financial system in recent years.

About this title

About the Author

Peter Howells is Professor of Economics at the University of East London.

From the Back Cover

For a thorough understanding of the financial activity that is so widely and prominently reported in the media, it is vital that students are able to grasp the theory and principles of the subject. With its clear and accessible exposition, this text will help students make sense of the workings of financial markets and institutions. Theory is covered only where absolutely necessary and a practical, applied approach is taken throughout, to help students understand events as they happen in the real world.
Building on the success of the previous two editions, the third edition of Financial Markets and Institutions has been thoroughly updated to reflect the changes that have occurred in the financial system in recent years.
Key features-
Provides comprehensive coverage of the workings of financial markets
Contains sufficient theory to enable students to make sense of current events
Focuses on UK and European financial activity, context and constraints
Offers a wealth of statistical information to illustrate and support the text
Presents up-to-date coverage of the role of central banks and the regulation of financial systems
Extensive pedagogy includes- boxes, illustrations, keywords/concepts, discussion questions, chapter openers, chapter summaries and numerous worked examples
Features new to this edition-
Thoroughly updated to include new figures and recent legislative and regulatory changes
Detailed treatment of the Bank of England's new responsibilities
Greater emphasis on EU developments such as the single market, regulation, etc.
New chapter on derivatives
Revised treatment of money supply and interest rate determination
Greater coverage of international capital markets and Euro-instruments
Reduced emphasis on macroeconomic theory
Financial Markets and Institutions will be appropriate for a wide range of courses in money, banking and finance. Students taking financial markets and institutions courses as part of accounting, finance, economics and business studies degrees will find this book ideally suited to their needs. The book will also be suitable for professional courses in business, banking and finance.
Peter Howells is Professor of Economics at the University of East London, specialising in monetary and financial economics. Keith Bain is Principal Lecturer also at the University of East London and specialises in monetary economics and macroeconomic policy. They have written extensively, both articles and a number of textbooks.

Edition details

• Publisher: Financial Times/ Prentice Hall
• Publication date: 2000
• Language: English
• ISBN 10: 0201619067
• ISBN 13: 9780201619065
• Binding: Hardcover
• Edition number: 3
• Number of pages: 424