Publisher's Synopsis
This text provides students with an overview of the basic concepts of money, banking and finance, as well as introducing them to the changing financial world. Pedagogical features are included to motivate student interest and build understanding of concepts.;Common to most chapters are "policy notebooks", which provide students with additional material on policy issues related to money and banking. "Management notebooks" are end-of-chapter features that focus on the decisions which managers must make relative to their institutions. Another end-of-chapter feature are the "global notebooks", which enable students to realize the excitement, opportunities and challenges of global issues related to money and banking. Additionally, each of the above notebooks concludes with "for critical analysis" questions, which ask students to actively consider the implications of the subject matter.;The book's additional pedagogy consists of learning objectives and answers, bold-faced terms, chapter summaries and a glossary.