The Financial System, Financial Regulation and Central Bank Policy

By Thomas F Cargill

Traditional money and banking textbooks are long, expensive, and full of so much institutional and technical modeling detail that students cannot understand the big picture. Thomas F. Cargill presents a new alternative: a short, inexpensive book without the 'bells and whistles' that teaches students the fundamentals in a clear, narrative form. In an engaging writing style, Cargill explains the three core components of money and banking, and their interactions: 1) the financial system, 2) government regulation and supervision, and 3) central bank policy. Cargill focuses on the interaction between government financial policy and central bank policy and offers a critique of the central bank's role in the economy, the tools it uses, how these tools affect the economy, and how effective these policies have been, providing a more balanced perspective of government policy failure versus market failure than traditional textbooks.

• Format: Hardcover
• Language: English
• ISBN: 1107035678
• ISBN13: 9781107035676
• Release Date: October 2017
• Publisher: Cambridge University Press
• Length: 422 Pages
• Weight: 2.31 lbs.
• Dimensions: 1.0" x 7.5" x 10.5"