Money, Banking, and Financial Markets: An Economics Approach

Taking a modern approach to money and banking, this text uses core microeconomic and macroeconomic concepts to explain the structure and behaviour of banks. A microeconomic perspective focuses on the bank as a firm, inviting students to view the behaviour of banks through, for example, the prism of supply-and-demand analysis and the economics of information and game theory. Integrated international coverage aims to foster students' appreciation of the global dimensions of money and banking.