Money, Banking and Finance

This text has been specially written to meet the needs of students who require a rigorous grounding in financial economic theory, combined with institutional and policy discussion relevant to the "real world" economics of contemporary Europe. With a strong, unifying theoretical perspective, the text contains comprehensive coverage of financial markets, including swaps and derivatives. Assuming a basic grounding in economic principles and a familiarity with the IS/LM model the book is ideally suited for use on a range of one and two semester courses in financial economics and money, banking and finance.