Microsoft Word - Money, Banking, and Int Finance(scribd).docx

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  • TABLE OF CONTENTS

  • PREFACE



    1. MONEY AND THE FINANCIAL SYSTEM



    • Financial Markets

    • Central Banks

    • Barter and Functions of Money

    • Forms of Money

    • Bitcoins

    • Money Supply Definitions

    • Key Terms

    • Chapter Questions





    1. OVERVIEW OF THE U.S. FINANCIAL SYSTEM



    • Financial Intermediation

    • Financial Instruments

    • The United States Banking System

    • The Glass Steagall Banking Act

    • Financial Innovation

    • Websites

    • Key Terms

    • The Common Financial Instruments

    • Chapter Questions





    1. MULTINATIONAL ENTERPRISES



    • Forms of Business Organizations

    • Corporations

    • Corporate Fraud

    • Expanding into Foreign Countries

    • The Law of Comparative Advantage

    • Key Terms

    • Chapter Questions





    1. INTERNATIONAL BANKS



    • Functions of International Banks

    • Becoming an International Bank Kenneth R. Szulczyk

    • Exchange Rate Risk

    • International Financial Securities

    • Regulatory Oversight

    • Key Terms

    • Chapter Questions





    1. FINANCIAL INSTITUTIONS........................................................................



    • Securities Market Institutions

    • Investment Institutions

    • Contractual Saving

    • Depository Institutions

    • Government Financial Institutions

    • Key Terms

    • Chapter Questions





    1. FINANCIAL STATEMENTS AND THE VALUE OF MONEY



    • The Financial Statements

    • Single Investment

    • Multiple Investments

    • Compounding Frequency

    • Annuities and Mortgages

    • Foreign Investments

    • Key Terms

    • Chapter Questions





    1. VALUATION OF STOCKS AND BONDS



    • Overview of Bonds

    • The Valuation of Bonds

    • Yield to Maturity and Rate of Return

    • The Valuation of Stocks

    • Key Terms

    • Chapter Questions





    1. DETERMINING THE MARKET INTEREST RATES



    • The Supply and Demand for Bonds

    • Interest Rates and the Business Cycle

    • The Fisher Effect

    • Bond Prices in an Open Economy

    • Key Terms Money, Banking, and International Finance

    • Chapter Questions





    1. RISK AND TERM STRUCTURE OF INTEREST RATES



    • Default Risk and Bond Prices...............................................................

    • Liquidity and Bond Prices

    • Information Costs and Bond Prices

    • Taxes and Bond Prices

    • Term Structure of Interest Rates

    • Key Terms

    • Chapter Questions





    1. THE BANKING BUSINESS



    • A Bank’s Balance Sheet

    • A Bank Failure.....................................................................................

    • The Interest Rate Risk

    • Securitization and the 2008 Financial Crisis

    • Key Terms

    • Chapter Questions





    1. THE MONEY SUPPLY PROCESS



    • The Fed’s Balance Sheet

    • Multiple Deposit Expansion and Contraction

    • The Money Supply Multipliers

    • Key Terms

    • Chapter Questions





    1. THE FED’S BALANCE SHEET..................................................................



    • The Fed’s Balance Sheet

    • The Check Clearing Process.................................................................

    • Changes in the Monetary Base

    • Does U.S. Treasury Affect the Monetary Base?

    • A Central Bank Intervenes with its Currency Exchange Rate

    • Key Terms

    • Chapter Questions





    1. THE CENTRAL BANKS OF EUROPE AND THE UNITED STATES



    • Why the U.S. Government Created Federal Reserve System

    • The Federal Reserve System’s Structure

    • The European Central Bank Kenneth R. Szulczyk

    • Is the Federal Reserve Independent of the U.S. Government?

    • Key Terms

    • Chapter Questions





    1. MONETARY POLICY TOOLS



    • Open-Market Operations

    • Federal Open Market Committee

    • Discount Policy....................................................................................

    • Reserve Requirements..........................................................................

    • Monetary Policy Goals.........................................................................

    • Time Lags and Targets

    • Key Terms

    • Chapter Questions





    1. THE INTERNATIONAL FINANCIAL SYSTEM



    • Balance of Payments

    • The Exchange Rate Regimes

    • Financing Balance-of-Payments Deficits and Surpluses

    • Hegemony

    • Key Terms

    • Chapter Questions





    1. THE FOREIGN-CURRENCY EXCHANGE RATE MARKETS



    • Foreign Exchange Rates

    • Demand and Supply for Foreign Currencies

    • Factors that Shift Demand and Supply Functions

    • Fixed Exchange Rates

    • Key Terms

    • Chapter Questions





    1. INTERNATIONAL PARITY CONDITIONS



    • A Random Walk

    • Purchasing Power Parity (PPP) Theory

    • Quantity Theory of Money

    • International Fisher Effect

    • Interest Rate Parity Theorem

    • Key Terms

    • Chapter Questions





    1. DERIVATIVE SECURITIES AND DERIVATIVE MARKETS Money, Banking, and International Finance



    • Forward and Spot Transactions

    • Futures and Forward Contracts

    • Options Contract

    • Special Derivatives

    • Evaluating Currency Swaps

    • Key Terms

    • Chapter Questions





    1. TRANSACTION AND ECONOMIC EXPOSURES



    • Exposure Types

    • Measuring and Protecting against Transaction Exposure

    • Measuring and Protecting against Economic Exposure

    • Key Terms

    • Chapter Questions





    1. POLITICAL, COUNTRY, AND GLOBAL SPECIFIC RISKS



    • Political, Country, and Global Specific Risks

    • Measuring Country Risk

    • International Credit Rating Agencies....................................................

    • Key Terms

    • Chapter Questions



  • ANSWERS TO CHAPTER QUESTIONS

    • Answers to Chapter 1 Questions

    • Answers to Chapter 2 Questions

    • Answers to Chapter 3 Questions

    • Answers to Chapter 4 Questions

    • Answers to Chapter 5 Questions

    • Answers to Chapter 6 Questions

    • Answers to Chapter 7 Questions

    • Answers to Chapter 8 Questions

    • Answers to Chapter 9 Questions

    • Answers to Chapter 10 Questions.........................................................

    • Answers to Chapter 11 Questions.........................................................

    • Answers to Chapter 12 Questions.........................................................

    • Answers to Chapter 13 Questions.........................................................

    • Answers to Chapter 14 Questions.........................................................

    • Answers to Chapter 15 Questions.........................................................

    • Answers to Chapter 16 Questions......................................................... Kenneth R. Szulczyk

    • Answers to Chapter 17 Questions.........................................................

    • Answers to Chapter 18 Questions.........................................................

    • Answers to Chapter 19 Questions.........................................................

    • Answers to Chapter 20 Questions.........................................................



  • REFERENCES

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