The fifth edition of Financial Markets and Institutions is a practical introduction to the workings of today's financial markets and institutions. Moving beyond the descriptions and definitions provided by other textbooks in the field, Financial Markets and institutions encourages students to understand the connection between the theoritical concepts and their reail-world applications. By enhancing student's analyical abilities and concrete problem-solving skills, this textbook prepares students for successful careers in the financial services industry or successful interactions with financial institutions, whatever their jobs.



Table of Contents:



Part I. Introduction

Part 2. Fundamenatls of financial markets

Part 3. Central banking and the conduct of menetary policy

Part 4. Financial markets

Part 5. Fundamenatls of financial institutions

Part 6. The financial institutions industry

Part 7. The management of financial institutions

Glossary

Index