About the authors -- Preface -- Learning tools walkthrough -- Money and the financial system -- An introduction to money and the financial system -- Money and the payments system -- Interest rates, financial instruments, and financial markets -- Future value, present value, and interest rates --...

The financial system -- An overview of financial markets and institutions -- The federal reserve and its powers -- The fed and interest rates -- Bond prices and interest rate risk -- The structure of interest rates -- Financial markets -- Money markets -- Bond markets -- Mortgage markets --...

"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...

"The last 30 years have been dramatic for the financial services industry. In the1990s and 2000s, boundaries between the traditional industry sectors, such as commercial banking and investment banking, broke down and competition became increasingly global in nature. Many forces contributed to...