The Financial System and the Economy: Principles of Money and Banking

by Maureen Burton, Raymond E. Lombra

This text gives students a unique understanding of the dynamic and evolving nature of the financial system and how it is related to the aggregate economy. It emphasizes the effects of structural change, globalization, financial innovation, and technology on the financial environment. Its highly applied, roots-in-reality approach incorporates numerous real-world applications and Internet features to demonstrate the relevance of topics. The text is written in an informal, conversational style, avoiding complex models and high-level math, making it perfect for the typical business major who may or may not have a strong economics background.

720 pages, Hardcover

First published August 28, 1999

Reviews

[Zachary Roner · Rating 3 out of 5]

It was an interesting insight into the financial system and the economy. It mainly focuses on an analytical framework which can be useful, but it can make it a bit dry and difficult to read at times.