The economics of money, banking, and financial markets /

Includes bibliographical references and index.

1. Part I Introduction -- 2. Why Study Money, Banking, And Financial Markets? -- 3. An Overview Of The Financial System -- 4. What Is Money? -- 5. Part II Financial Markets -- 6. Understanding Interest Rates -- 7. Portfolio Choice -- 8. The Behavior Of Interest Rates -- 9. The Risk And Term Structure Of Interest Rates -- 10. The Foreign Exchange Market -- 11. Part III Financial Institutions -- 12. Economic Analysis Of Financial Structure -- 13. The Banking Firm And The Management Of Financial Institutions -- 14. Banking Industry: Structure And Competition -- 15. Economic Analysis Of Banking Regulation -- 16. Nonbank Financial Institutions. -- 17. Financial Derivatives -- Part IV Central Banking And The Conduct Of Monetary Policy -- 18. Structure Of Central Banks And The Federal Reserve System -- 19. Multiple Deposit Creation: The Money Supply Process -- 20. Determinants Of The Money Supply -- 21. Tools Of Monetary Policy -- 22. Conduct Of Monetary Policy: Goals And Targets -- 23. International Financial System -- 24. Part V Monetary Theory -- 25. Demand For Money -- 26. Keynesian Framework And The Islm Model -- 27. Monetary And Fiscal Policy And The Islm Model -- 28. Aggregate Demand And Supply Analysis -- 29. Transmission Mechanisms Of Monetary Policy -- 30. Money And Inflation -- 31. Theory Of Rational Expectations And Efficient Capital Markets -- 32. Rational Expectations: Implications For Policy.