Pt. I. Introduction. 1. Why Study Money, Banking, and Financial Markets? 2. An Overview of the Financial System. 3. What is Money?
Pt. II. Financial Markets. 4. Understanding Interest Rates. 5. Portfolio Choice. 6. The Behavior of Interest Rates. 7. The Risk and Term Structure of Interest Rates. 8. The Foreign Exchange Market
Pt. III. Financial Institutions. 9. Economic Analysis of Banking Structure. 10. The Banking Firm and the Management of Financial Institutions. 11. Banking Industry: Structure and Competition. 12. Economic Analysis of Banking Regulation. 13. Nonbank Financial Institutions. 14. Financial Derivatives
Pt. IV. Central Banking and the Conduct of Monetary Policy. 15. Structure of Central Banks and the Federal Reserve System. 16. Multiple Deposit Creation and the Money Supply Process. 17. Determinants on the Money Supply. 18. Tools of Monetary Policy. 19. Conduct of Monetary Policy: Goals and Targets. 20. International Financial System.
Pt. V. Monetary Theory. 21. The Demand for Money. 22. The Keynesian Framework and the ISLM Model. 23. Monetary and Fiscal Policy in the ISLM Model. 24. Aggregate Demand and Supply Analysis. 25. Transmission Mechanisms of Monetary Policy: Evidence. 26. Money and Inflation. 27. Theory of Rational Expectations and Efficient Capital Markets. 28. Rational Expectations: Implications for Policy.