Finance: The Basics

By Erik Banks

Now in its fifth edition, Finance: The Basics is a clear and practical introduction to the world of finance. It thoroughly explains essential financial statements, tools and concepts; fundamental financial instruments and transactions; and global financial participants, markets and systems.

This fully revised edition captures the most important aspects of a changing financial landscape.

Key features include:
- Extensive updates to the chapters on digital assets/currencies, derivatives, financial participants and the evolving financial ecosystem
- New examples on topics such as 0DTE options, perpetual futures, LBO structuring, and token capital raising
- A brand new chapter on artificial intelligence in finance, including an overview on AI architecture, applications, and AI-driven business benefits and challenges
- New 'Finance in Action' case studies on topics such as real-world asset tokenisation, private equity, private credit, prediction markets and digital bonds
- A comprehensive glossary containing key terms discussed in the book
- Supplemental digital resources, including PowerPoints for instructors and a test bank of questions for students.

Each chapter is accompanied by an overview and summary, illustrations and tables, real-life case studies, study questions and recommended readings. Finance: The Basics is essential reading for anyone interested in the fascinating world of finance.

• Format: Hardcover
• Language: English
• ISBN: 1041460023
• ISBN13: 9781041460022
• Release Date: March 2027
• Publisher: Routledge
• Length: 436 Pages