商品簡介
In this updated edition of a text intended for introductory courses in money, banking, or financial markets analysis, Burton and Brown (economists at California State U., Pomona) cover the causes of the current financial crisis and recent monetary policies created by the Federal Reserve in response to the crisis. Sections feature core concepts of how the financial system affects the economy, institutions' roles, financial market instruments, monetary theory, and monetary policy in a global context. Not surprisingly, there is a new emphasis on financial instability, e.g., as represented in Hyman Minsky's theories. Chapters include in- depth topic features, a summary of major points, review and analytical questions, and suggested readings. Annotation c2009 Book News, Inc., Portland, OR (booknews.com)
