Publisher's Synopsis
Thoroughly up-to-date, heavily applied money and banking textbook with a highly effective unifying theme of risk, liquidity, and information; systematic attention to important international developments, including the Asian financial crisis and the establishment of the European economic union. Emphasis on learning to apply the material -- through such features as "Moving from Theory to Practice, "Using the News," "Case Studies," and "Checkpoints" - is outstanding and teaches the students a very valuable skill.
