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Modern economics book focuses on practicality and applicability. Written for everyone interested in the financial industry.
Engaging insights that bridge the gap between academia and industry, with an emphasis on endogenous money creation.
A practical introduction to money, banking, and financial markets by co-authors Mazumder and Cline.
Special emphasis on the importance of confidence and trust in the macroeconomic system.
A practical, approachable, and accessible book for students and professionals.
"The U.S. economy and financial institutions have a rich history to be studied, but it is important to know how it is currently operating and where it is going. This text thoroughly analyzes the modern structure of both the U.S. and world economies, while connecting academic theories to industry practices. I highly encourage anyone with an interest in macroeconomics give this book a read." American economist, Arthur Laffer
Money, Banking, and Financial Markets
A Modern Introduction to Macroeconomics
Co-Authored by
Dale K. Cline and Sandeep Mazumder
Game-Changing Economic Theory
The U.S. economy and financial institutions are used to explain the theoretical and practical framework, with international examples weaved in throughout the text. It covers key topics including monetary policy, fiscal policy, accounting principles, credit creation, central banks, and government treasuries. Additionally, the book considers the international economy, including exchange rates, the Eurozone, Chinese monetary policy, and reserve currencies. Taking a broad look at the financial system, it also looks at banking regulation, cryptocurrencies, real estate, and the oil and gold commodity markets. Students are supported with chapter objectives, key terms, and problems.
The Nuts & Bolts
How The Economy Works
Confidence, monetary policy, and fiscal policy
Basic accounting and financial statements
Relationship of the Federal Reserve Bank and the U.S. Treasury Department
