The Economics of Banking by Kent Matthews
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Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
The Economics of Banking describes and explains trends and operations in banking within an accessible microeconomic framework. It incorporates theory with the practical aspects of banking so as to set banking within the economics paradigm. A primary section on trends within banking leads on to chapters on the microeconomics of banking, market structure, and regulation. The overall objective is to provide a mathematically accessible microeconomic context that will help readers understand and analyze trends and operations in banking
The Economics of Banking addresses the need for a user–friendly textbook that is mathematically accessible and provides a microeconomic context, enabling students to understand and analyze contemporary trends and operations in banking.
Providing a sound theoretical basis for understanding bank behaviour, The Economics of Banking is essential for final year undergraduate and postgraduate students taking courses in banking.
KEY FEATURES INCLUDE:
- Coverage of a wide range of topics, including trends in domestic and international banking, retail and wholesale banking, theory of the banking firm, the structure of banking and risk management macroeconomics of banking.
- End of chapter conclusions and summaries.
- A supplementary website, featuring additional materials including PowerPoint slides and figures from the book.
Get The Economics of Banking by Kent Matthews at Salaedu.com
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