With its clear and accessible style, Financial Markets and Institutions will help students make sense of the financial activity that is so widely and prominently reported in the media. Looking at the subject from the economist's perspective, the book takes a practical, applied approach and theory is covered only where absolutely necessary in order to help students understand events as they happen in the real world. This fourth edition has been thoroughly updated to reflect the changes that have occurred in the financial system in recent years.Key Features New Thoroughly updated to include new figures and recent legislative and regulatory changes. New Stresses the role of asymmetric information in recent financial scandals. Provides a comprehensive coverage of the workings of financial markets. Contains sufficient theory to enable students to make sense of current events. Up-to-date coverage of the role of central banks and the regulation of financial systems. Focuses on UK and European financial activity, context and constraints. Offers a wealth of statistical information to illustrate and support the text. Extensive pedagogy includes boxes, illustrations, keywords/concepts, discus
- ISBN10 1280601205
- ISBN13 9781280601200
- Publish Date 1 January 2004
- Publish Status Active
- Out of Print 29 October 2012
- Publish Country US
- Imprint Pearson Education UK
- Format eBook
- Pages 427
- Language English