Money, Banking and Financial Markets: 2024 Release ISE

The 2024 Release of Cecchetti & Schoenholtz's Money, Banking, and Financial Markets offers an innovative approach to enhancing coherence, relevance, and timeliness in the study of Money and Banking for economics students, capturing the impact of the Covid-19 pandemic, exploring payments technology, central bank strategy, and the 2023 U.S. banking crisis, and emphasizing the Five Core Principles, risk, and an integrated global perspective. The authors also host a blog at www.moneyandbanking.com for short, informed discussions and articles on news and technical points.

Format: Paperback / softback
Length: 672 pages
Publication date: 11 April 2024
Publisher: McGraw-Hill Education

The 2024 Release of Cecchetti & Schoenholtz's "Money, Banking, and Financial Markets" is a groundbreaking update to the classic textbook that introduces cutting-edge features to enhance coherence, relevance, and timeliness in the study of Money and Banking for economics students. In a world where money, banking, and financial markets are constantly evolving, this release captures the impact of the Covid-19 pandemic, explores the forefront of changes in payments technology and the future of money, discovers the evolution of central bank strategy and operating procedures, and gains insights into the consequences of the 2023 U.S. banking crisis.

One of the key innovations of the 2024 Release is the introduction of the Five Core Principles, which provide a framework for understanding the complex dynamics of the financial system. These principles include the importance of financial stability, the role of monetary policy, the impact of financial innovation, the importance of financial literacy, and the need for effective regulation. By emphasizing these principles, the textbook helps students develop a deeper understanding of the financial system and its role in the economy.

Another innovative feature of the 2024 Release is the early introduction of risk. The textbook introduces risk early on, allowing students to develop a better understanding of the risks associated with financial decisions. This includes topics such as interest rate risk, credit risk, and market risk. By introducing risk early on, students can make more informed decisions about their financial future.

The 2024 Release also offers an integrated global perspective, which is essential for understanding the financial system. The textbook covers a wide range of countries and regions, providing students with a comprehensive understanding of the global financial landscape. This includes topics such as international trade, foreign exchange markets, and global financial institutions. By providing an integrated global perspective, the textbook helps students develop a more global mindset and be better prepared for the challenges of the global economy.

In addition to the Five Core Principles and the integrated global perspective, the 2024 Release also seamlessly integrates FRED data. FRED data is a comprehensive database of economic data that is used by economists and policymakers around the world. By integrating FRED data into the textbook, students can access real-time data and analyze it to gain insights into the financial system. This allows students to develop a more data-driven approach to their studies and make more informed decisions.

The authors of the 2024 Release also host a blog at www.moneyandbanking.com where they provide short, informed discussions and articles on issues in the news, as well as technical points relevant for both students and instructors. The blog is a valuable resource for students and instructors alike, as it provides a platform for discussing the latest developments in the financial system and its impact on the economy.

In conclusion, the 2024 Release of Cecchetti & Schoenholtz's "Money, Banking, and Financial Markets" is a groundbreaking update to the classic textbook that introduces cutting-edge features to enhance coherence, relevance, and timeliness in the study of Money and Banking for economics students. By emphasizing the Five Core Principles, introducing risk early on, offering an integrated global perspective, and seamlessly integrating FRED data, the textbook helps students develop a deeper understanding of the financial system and its role in the economy. The blog at www.moneyandbanking.com is a valuable resource for students and instructors alike, providing a platform for discussing the latest developments in the financial system and its impact on the economy.

Weight: 1044g
Dimension: 201 x 254 x 25 (mm)
ISBN-13: 9781266966958
Edition number: 7 ed