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Money, Banking and Financial Markets

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Money, Banking and Financial Markets image
ISBN-10:

1260226786

ISBN-13:

9781260226782

Author(s): Cecchetti, Stephen G.; Schoenholtz, Kermit L.
Edition: 6
Released: Jan 06, 2020
Publisher: McGraw=Hill
Format: Hardcover, 736 pages
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Description:

"The entire content of this book is based on five core principles. Knowledge of these principles is the basis for understanding what the financial system does, how it is organized, how it is linked to the real economy, and how it is changing. If you understand these five principles, you will understand the future: 1. Time has value. 2. Risk requires compensation. 3. Information is the basis for decisions. 4. Markets determine prices and allocate resources. 5. Stability improves welfare"--

Best prices to buy, sell, or rent ISBN 9781260226782

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