The Financial System and the Economy: Principles of Money and Banking / Edition 5

Paperback (Print)
Rent from
(Save 67%)
Est. Return Date: 07/25/2015
Used and New from Other Sellers
Used and New from Other Sellers
from $41.27
Usually ships in 1-2 business days
(Save 17%)
Other sellers (Paperback)
  • All (11) from $41.27   
  • New (5) from $43.85   
  • Used (6) from $41.27   


The new edition of this classic text is designed for an undergraduate one semester or quarter course in money and banking. Written in an informal, engaging style, with minimal math requirements, it gives students a unique understanding of the dynamic and evolving nature of the financial system and how it relates to the aggregate economy. "The Financial System and the Economy" incorporates numerous current, real-world examples - including the subprime lending crisis and the Fed's response. It emphasizes the effects of structural change, globalization, financial innovation, and technology on the financial environment. An online Instructor's Manual with Test Bank is available for instructors who adopt the text.
Read More Show Less

Editorial Reviews

This introductory undergraduate textbook outlines the workings of the banking and financing system, and identifies the pressures that govern it. Covering financial prices, financial institutions, financial markets, monetary theory, and monetary policy, the book discusses the major actors in the system, the decisions they make, and the rationale underlying those decisions. Burton teaches economics at Cal Poly Pamona. Lombra teaches banking and monetary theory at Penn State. Annotation c. Book News, Inc., Portland, OR (
Read More Show Less

Product Details

  • ISBN-13: 9780765622464
  • Publisher: Taylor & Francis
  • Publication date: 7/15/2009
  • Edition description: New Edition
  • Edition number: 5
  • Pages: 720
  • Sales rank: 850,955
  • Product dimensions: 7.90 (w) x 9.90 (h) x 1.40 (d)

Table of Contents

Part 1. Introduction; 1. Introduction and Overview; 2. Money and Its Role in the Economy; 3. The Overseer: The Federal Reserve System; 4. Financial Markets, Instruments, and Market Makers; Part 2. Financial Prices; 5. Interest Rates and Bond Prices; 6. The Structure of Interest Rates; 7. Market Efficiency and the Flow of Funds Among Sectors; Part 3. Financial Institutions; 8. An Introduction to Financial Intermediaries and Risk; 9. Commercial Banking Structure, Regulation, and Performance; 10. Financial Innovation; 11. Financial Instability and Strains on the Financial System; 12. Regulation of the Banking System and the Financial Services Industry; Part 4. Financial Markets; 13. The Debt Markets; 14. The Stock Market; 15. Securities Firms, Mutual Funds, and Financial Conglomerates; 16. How Exchange Rates Are Determined; 17. Forward, Futures, and Options Agreements; 18. The International Financial System; Part 5. Monetary Theory; 19. The Fed, Depository Institutions, and the Money Supply Process; 20. The Demand for Real Money Balances and Market Equilibrium; 21. Financial Aspects of the Household, Business, Government, and Rest-of-the-World Sectors; 22. Aggregate Demand and Aggregate Supply; Part 6. Monetary Policy; 23. The Challenges of Monetary Policy; 24. The Process of Monetary Policy Formulation; 25. Policy Implementation; 26. Monetary Policy in a Globalized Financial System.
Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star


4 Star


3 Star


2 Star


1 Star


Your Rating:

Your Name: Create a Pen Name or

Barnes & Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation


  • - By submitting a review, you grant to Barnes & and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Terms of Use.
  • - Barnes & reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)