{"product_id":"economics-of-banking","title":"Economics of Banking","description":"\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003eThe Economics of Banking provides an accessible overview of banking theory and practice, covering market failure, financial frictions, microeconomic incentives, market stress, and monetary authorities and banking regulators. It is suitable for advanced undergraduate, masters, or early PhD students of economics and finance, and bankers and banking regulators. \u003c\/blockquote\u003e\u003cp\u003e                                                            \u003cstrong\u003eFormat\u003c\/strong\u003e: Paperback \/ softback\u003cbr\u003e                              \u003cstrong\u003eLength\u003c\/strong\u003e: 642 pages\u003cbr\u003e                              \u003cstrong\u003ePublication date\u003c\/strong\u003e: 05 November 2021\u003cbr\u003e                              \u003cstrong\u003ePublisher\u003c\/strong\u003e: Taylor \u0026amp; Francis Ltd\u003cbr\u003e                          \u003c\/p\u003e \u003cp\u003e\u003cbr\u003eThe Economics of Banking offers a comprehensive and accessible introduction to banking theory and practice. It provides readers with a foundational understanding of fundamental theories and guides them through the latest research developments, reflecting the significant transformations in the banking industry and research over the past two decades. This textbook delves into market failure and financial frictions that drive the role of financial intermediaries, explores the microeconomic incentives and behaviors of participants in banking, examines the microlevel market stress caused by economic recessions and financial crises, and examines the role of monetary authorities and banking regulators in reducing systemic fragility and improving macroeconomic stability. It provides a comprehensive coverage of both the micro and macroeconomics of banking, central banking, and banking regulation, striking a balance between rigorous theoretical foundations, robust empirical evidence supporting banking theories, and practical insights for banking and policymaking in the real world. The Economics of Banking is designed for advanced undergraduate, master's, and early PhD students of economics and finance, as well as valuable reading for bankers and banking regulators.\u003c\/p\u003e\u003cp\u003e                            \u003cstrong\u003eWeight\u003c\/strong\u003e: 1092g                            \u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 154 x 234 x 35 (mm)                            \u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9780367405724                                                      \u003c\/p\u003e","brand":"Jin Cao","offers":[{"title":"Paperback \/ softback","offer_id":44103703036154,"sku":"9780367405724","price":63.77,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/260cdd82d635f1a7f1202f25baea3c1d.jpg?v=1637120682","url":"https:\/\/shulphink.com\/products\/economics-of-banking","provider":"Shulph Ink","version":"1.0","type":"link"}