Any suggestions for copywriter or provide generic description of the product to be used for the Internet or non-channel specific applications. NOTE: If you have a book only version for this product, it is imperative that you provide a description that does not include any references to package elements. Gain a clear understanding of why financial markets exist, how financial institutions serve these markets, and what services those institutions offer with the proven conceptual framework and clear presentation in this best-selling FINANCIAL MARKETS AND INSTITUTIONS ABRIDGED 10E. The text weaves timely examples and practical applications throughout as it emphasizes the securities traded by and the scope of participation of financial institutions within each market. Readers focus on the management, performance, and regulatory aspects of financial institutions and explore the functions of the Federal Reserve System, the major debt and equity security markets, and the derivative security market. This edition emphasizes current financial reform with updates throughout that provide a thorough understanding of today's most recent financial changes, developments and trends.
I was given this book to teach a business class about our political economic system and the Federal Monetary Policy. The structure of the book is well done and easy to navigate picking on topics and areas students need to get a clear idea of the connections and the effects of policy. Students need an understanding of macroeconomics and the U.S. government as well as a solid understanding of financial concepts. A historical perspective or prelude will help establish a framework for students who choose to navigate to areas of the book that interest them.
Material was very clearly presented and well written. While a bit dry at times, I rarely had trouble understanding the concepts. A good overview of financial markets with some of the key calculations for valuation, interest rates, etc included.