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Item Details
Title: FINANCIAL INSTITUTIONS AND MARKETS
A GLOBAL PERSPECTIVE
By: Hazel J. Johnson
Format: Hardback

List price: £63.99


We currently do not stock this item, please contact the publisher directly for further information.

ISBN 10: 0070326398
ISBN 13: 9780070326392
Publisher: MCGRAW-HILL EDUCATION - EUROPE
Pub. date: 1 January, 1993
Pages: 560
Description: Designed for undergraduate finance students, this text addresses how financial institutions have evolved and why they are changing. More descriptive than analytical, it establishes the link between financial institutions and economic development.
Synopsis: Designed for undergraduate finance students, this text addresses how financial institutions have evolved and why they are changing. Although mathematical formulae are included, Johnson's book is more descriptive than analytical, and it establishes the link between financial institutions and economic development. The text covers all relevant issues for US financial institutions and provides useful contrasts to systems in foreign countries, with each chapter providing insights into financial institutions from around the world. Section III on "Bank Management" uses a hypothetical commercial bank to help students master the effect of interest rate volatility on the solvency of financial institutions. Every aspect of the balance sheet and income statement are analyzed so that students see the effects of changing interest rates on bank profitability. Also included are informative "real world" applications such as the Nigerian Primary Market (ch.3), the Banca Romana (ch.7), credit cards in Germany (ch.13), and Congressman Steagall and the Federal Credit Union Act (ch. 15). Also available is an instructor's manual/test bank (0-07-032642-8).
Illustrations: Illustrations
Publication: US
Imprint: McGraw-Hill Inc.,US
Returns: Non-returnable
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