Money and banking books free download

If you continue browsing the site, you agree to the use of cookies on this website. See our User Agreement and Privacy Policy. See our Privacy Policy and User Agreement for details. Create your free account to read unlimited documents. The SlideShare family just got bigger. Home Explore Login Signup. Successfully reported this slideshow. We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads.

You can change your ad preferences anytime. Next SlideShares. You are reading a preview. Create your free account to continue reading. Sign Up. Upcoming SlideShare. Money and Banks. Embed Size px. Start on. Show related SlideShares at end. WordPress Shortcode. Share Email. Top clipped slide. Download Now Download Download to read offline. Money and banking Jul. Money and Banking. Rashain Perera Follow. The text consistently uses several different colors to indicate parts of the text or to emphasize this or that such as tables.

The interface is not only easy to use, it is also nicely appealing for the reader. I found no issues with the grammar. Furthermore, I wish to emphasize again that the use charming and vivacious language.

I found the book to follow the usual standards regarding the cultural sensitivity and non-offensive language. Despite the fact that the book is devoted to functioning of a financial system in developed capitalist economy the text includes ample examples from across the globe - in particular in chapters on international finance.

German reunification, Chinese high foreign reserves and exchange rate system, Argentine currency crises are just three of numerous examples that cross the cultural and geographical borders with ease and clarity. This is an absolutely delightful text that uses fresh, clear, and playful language in the field that can be perceived as rather dry.

The book will be best suited for beginners with first encounters with money and banking. For others, a skillful instructor can easy point out on what they should focus and where are few remaining typos. The text is comprehensive and set in a way that will serve broad set of instructor's preferences; from those that wish to focus on international finance to those that wish to include some review of macroeconomics.

Overall, I find the text great. Reviewed by Partha Gangopadhyay, Professor, St. The text provides a comprehensive coverage of Money and Banking topics. If anything, there is too much material in the book's 26 chapters for one course. Most colleges do not have more than one Money and Banking course. The book has enough The book has enough material for at least two such courses. I did not see an index or a glossary of terms. I have not detected any error in the text.

I checked out some of the hyperlinks to outside resources. The links seem to work just fine. The text needs to be revised and updated. The tables and figures in the book provide information up to There is a brief discussion of banking regulation in chapter The discussion in the books seems to end with the Riegle-Neal Act of , and the Basle 11 requirements. Also, the suggested readings at the end of the chapters need to include more current articles and other resources. The fundamental concepts of money and banking have not materially changed over time.

The book does a good job of explaining these concepts. However, the banking laws and data and statistics have changed over time.

These need to be updated. The book was written in It is time for a newer edition. The updates can be easily implemented.

The book is written in clear and concise language. Beginning students should not have any difficulty in reading and understanding the concepts. Students will also be able to personally relate to many of the examples and anecdotes that are spread throughout the book. The writing style is consistent throughout the book. I also like the consistent layout of the chapters. Each chapter and section begin with a set of learning objectives, and ends with 'Key Takeaways', and a list of suggested readings.

I also like the 'Stop and Think' boxes in each chapter. I may be able to cover 10 or 11 chapters from the book in a sixteen-week semester. As I mentioned elsewhere, there is enough material in the book for at least two 'Money and Banking' courses. It will be easy to pick chapters from the book to cover in a 'Money and Banking' class. The text is not overly self-referential, and most chapters can stand on their own. The text can be easily divided into smaller sub-units that can be incorporated in different courses.

The text and the individual chapters are logically organized. The order of the chapters is clear, and the concepts are presented in a coherent and logical manner. I did not detect any issues with interface. I suggest numbering the equations in chapters , 9, 14, 15, 17, 18, 20, and Several exercises are included in chapters , 9, 15, 17, 18, and I am assuming that the solutions to these exercises will be made available to the instructors in supplementary materials in the book's website.

However, I suggest that the answers to at least some of these exercises should be provided in an Appendix at the end of the book. I also suggest adding a section in chapter 4 and in other chapters showing how to calculate the time value of money and bond prices using a financial calculator. The book is comprehensive in the coverage of Money and Banking topics. However, the book is very outdated. A new edition of the book with up-to-date discussion of the banking regulatory framework, and well as current data and statistics is needed at this point.

The concepts are easy to understand, and the book is well-written. In its 26 chapters, the textbook covers a wide array of money and banking topics, as well as macroeconomics topics with monetary policy applications.

The treatment of the subjects is clear, easy to follow and relevant with applied examples. No index or glossary was provided with the version that was reviewed. The theories discussed in the textbook are up-to-date, and will stand the test of time for a while. However, some of the data will need to be updated. I'm reviewing this book in , and many of the graphs have data until Advantage to holders of equities: Receive larger payments when the business becomes more profitable or the value of its assets rises.

Disadvantage to holders of equities: Receive smaller payments when the business becomes less profitable or the value of its assets falls. Note that the originally issuer or borrower receives funds only when its securities are first sold in the primary market; the issuer does not receive funds when its securities are traded in the secondary market. Nevertheless, secondary markets perform two essential functions: They allow the original buyers of securities to sell them before the maturity date, if necessary.

That is, they make the securities more liquid. They allow participants in the primary markets to make judgements about the value of newly-issued securities by looking at the prices of similar, existing securities that are traded in the secondary markets. Example: New York Stock Exchange. Currently issued with maturities of 1, 3, and 6 months. Make no regular interest payments, but sell at a discount. Trade on a very active secondary market. Are the safest of all money market instruments, since it is very unlikely that the US Government will go bankrupt.

Make regular interest payments until maturity. At maturity, return the original purchase price. Commercial Paper: Short-term debt issued by corporations.. Make no interest payments, but sell at a discount. Trade on a secondary market. Often arise in the process of international trade. Repurchase Agreements: Very short-term loans, often overnight, with Treasury bills as collateral, between a non-bank corporation as the lender and a bank as the borrower.

Non-bank corporation buys the Treasury bill from the bank. Federal Funds: Overnight loans between banks of deposits at the Federal Reserve. Interest rate on these loans is called the federal funds rate. Eurodollars: US dollar deposits at foreign banks.

Corporate Stocks: Equity claims to the income and assets of corporations. Mortgages Residential, Commercial, and Farm : Loans to individuals and firms used to purchase land, houses, and other structures.

It is published with the sole purpose of stimulating inquiry into the subject of which it treats and which has been nearly neglected by the leaders of advanced thought. Wright, Vincenzo Quadrini - Saylor Foundation , Minimal mathematics, accessible language, and a student-oriented tone ease readers into complex subjects like money, interest rates, banking, asymmetric information, financial crises and regulation, monetary policy, monetary theory, and other topics. An indispensable reference for banking and finance professionals, students, business owners, and consumers.

An aid to understanding banking practices. Myers - Federal Reserve Bank of Kansas City , The goal of this book is to provide directors, especially non-management directors who may have little knowledge about banks and their operation, with basic information to help them be intelligent questioners of risk taking and risk management.