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Overview
Created by the continuous feedback of a "student-tested, faculty-approved" process, M&B 3 delivers a visually appealing, succinct print component, tear-out review cards for students and instructors and a consistent online offering with CourseMate that includes an eBook in addition to a set of interactive digital tools all at a value-based price and proven to increase retention and outcomes.
M&B 3's brief, focused approach reads more like a business periodical than a text. The thoroughly updated coverage addresses the modern framework of today's financial system in which both financial markets and banks play important roles. Numerous real business applications and an inviting writing style, infused with the latest financial examples, relate current money and banking topics to your students' everyday lives and careers. You'll find the most recent financial figures, memorable full-color photos, and access to Cengage's Global Economic Watch to help captivate your students. Through CourseMate, your students have access to a full suite of interactive learning resources including downloadable flash cards, interactive workshops, learning games and more to help you connect your students to the latest developments in money and banking today for long-term personal and career success.
Attention CourseMate user: The CourseMate platform is being sunset and will not be sold with this title after December 31st, 2019. Cengage will support existing users of CourseMate through August 1st, 2020.
- THE LATEST FINANCIAL COVERAGE REFLECTS TODAY'S MOST RECENT FINANCIAL CLIMATE: Updated content throughout this edition provides insights into the most recent financial developments, data, and legislative changes. The book's online Global Economic Watch (updated 4 times each day) further keeps your course abreast of the latest developments.
- NEW! Updated NEWS UPDATES with quizzing! New to M&B 3e are News Updates connecting your students to the latest real-world economic and financial events through the CourseMate product. The Third Edition now also includes both open-ended and multiple-choice quizzing options associated with these news items, clearly connecting the real world of economic transactions to key concepts in the text.
- Every 4LTR Press solution comes complete with an engaging print textbook, tear-out review cards, an interactive digital solution (CourseMate), and an eBook all of which were directly influenced from student focus groups and surveys, and from interviews with nearly 150 faculty and students.
- Shorter, comprehensive chapters in a modern design present content in a more engaging and accessible format without minimizing coverage for your course.
- Tear-Out Review Cards at the back of the Student Editions provide students a portable study tool containing all of the pertinent information for class preparation.
- Instructor Prep Cards at the back of the Instructor's Edition make preparation simple with detachable cards for each chapter, offering a quick map of chapter content, a suggested list of teaching objectives and current issues for classroom discussion to help you organize chapter content efficiently.
- Every 4LTR Press solution comes with CourseMate, the interactive digital component that offers a full suite of unique learning tools that appeal to different learning styles. Multimedia resources include downloadable flash cards, interactive workshops and online quizzing, and learning games and more.
- "DATA BANK" AND "POLICY INSIDER" PROVIDE INSIGHTS INTO ACTUAL BUSINESS CHALLENGES: Engaging "Data Bank" features explore how data collection affects real-world businesses, institutions, and investors. "Policy Insider" boxes provide first-hand insights as these features highlight the author's personal experience with policy decisions at the Federal level.
- "APPLICATION TO EVERYDAY LIFE" SECTIONS AND "POLICY ISSUES" RELATE CONCEPTS TO TODAY'S LIFE: Examples within the book's "Application to Everyday Life" help students connect concepts in the text to their personal experiences, while chapter-ending "Policy Issues" highlight key policy decisions that relate to the chapter content.
- All of the content and resources you expect with a supplements package that is second to none including PowerPoint® slides, an Instructor's Manual, Test Bank, and Cengage Learning Testing Powered by Cognero - a flexible, online system that allows you to: Author, edit, and manage test bank content from multiple Cengage Learning solutions; Create multiple test versions in an instant; Deliver tests from your LMS, your classroom or wherever you want.
Part I: INTRODUCTION TO MONEY AND BANKING.
2. The Financial System and the Economy.
3. Money and Payments.
4. Present Value.
5. The Structure of Interest Rates.
6. Real Interest Rates.
7. Stocks and Other Assets.
Part II: FUNDAMENTALS OF BANKING.
8. How Banks Work.
9. Government's Role in Banking.
Part III: MACROECONOMICS.
10. Economics Growth and Business Cycles.
11. Modeling Money.
12. The Aggregate-Demand/Aggregate-Supply Model.
13. Modern Macroeconomic Models.
14. Economic Interdependence.
Part IV: MONETARY POLICY.
15. The Federal Reserve System.
16. Monetary Control.
17. Monetary Policy: Goals and Tradeoffs.
18. Rules for Monetary Policy.