Written for an undergraduate course, this text helps students intuitively understand the workings of contemporary financial markets and institutions without overwhelming them with algebra.
Combining financial theory and institutional detail, the text covers financial prices, financial markets, financial institutions, managing financial risk, and domestic and global monetary
policy, integrating real-life examples, historical and international perspectives, and projections about the future. Learning features include key terms, review questions, Internet exercises,
and boxes on interpreting financial information in newspapers. Burton teaches economics at California State Polytechnic University-Pomona. Annotation c. Book News, Inc., Portland, OR
(booknews.com)
