The Financial System and the Economy: Principles of Money and Banking (with InfoTrac)

This text gives students a unique understanding of the dynamic and evolving nature of the financial system and how it is related to the aggregate economy. It emphasizes the effects of structural change, globalization, financial innovation, and technology on the financial environment. Its highly applied, roots-in-reality approach incorporates numerous real-world applications and Internet features to demonstrate the relevance of topics. The text is written in an informal, conversational style, avoiding complex models and high-level math, making it perfect for the typical business major who may or may not have a strong economics background.Raymond Lombra is the author of 'The Financial System and the Economy: Principles of Money and Banking (with InfoTrac)', published 2005 under ISBN 9780324288810 and ISBN 0324288816.