000 | 02760nam a2200325 a 4500 | ||
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999 |
_c28524 _d28524 |
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001 | 63369 | ||
020 | _a978-1118384114 | ||
082 | _a332.0994 KI FI | ||
100 |
_aKidwell, David S. _98625 |
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245 | 1 | 0 |
_aFinancial markets, institutions and money _cDavid S Kidwell ... [et al.] |
246 | 3 | _aFinancial markets, institutions and money | |
250 | _a3rd ed. | ||
260 |
_aMilton, Qld : _bJohn Wiley & Sons Australia, _cc2015. |
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300 |
_axx, 841 p. : _bill. ; _c28 cm. |
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500 | _aIncludes bibliographical references and index. | ||
520 | _aThe financial system is a key influencer of the health and efficiency of an economy. The role of the financial system is to gather money from people and businesses that currently have more money than they need and transfer it to those that can use it for either business or consumer expenditures. This flow of funds through financial markets and institutions in the Australian economy is huge (in the billions of dollars), affecting business profits, the rate of inflation, interest rates and the production of goods and services. In general, the larger the flow of funds and the more efficient the financial system, the greater the economic output and welfare in the economy. It is not possible to have a modern, complex economy such as that in Australia, without an efficient and sound financial system. The global financial crisis (GFC) of late 2007 09 (and the ensuing European debt crisis), where the global financial market was on the brink of collapse with only significant government intervention stopping a catastrophic global failure of the market, illustrated the importance of the financial system. Financial Markets, Institutions and Money 3rd edition introduces students to the financial system, its operations, and participants. The text offers a fresh, succinct analysis of the financial markets and discusses how the many participants in the financial system interrelate. This includes coverage of regulators, regulations and the role of the Reserve Bank of Australia, that ensure the system s smooth running, which is essential to a modern economy. The text has been significantly revised to take into account changes in the financial world. | ||
526 | 0 | _aFIN111 FIN958 | |
650 | 7 |
_aFinancial institutions _zAustralia _948255 |
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650 | 7 |
_aMoney market _zAustralia _948257 |
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650 | 7 |
_aSecurities _xAustralia _910695 |
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700 |
_aBrimble, Mark _936092 |
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700 |
_aBasu, Anup _936095 |
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700 |
_aLenten, Liam _948258 |
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700 |
_aThomson, Dianne _948259 |
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700 |
_aBlackwell, David W. _98836 |
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700 |
_aPeterson, Richard L. _948260 |
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700 |
_aWhidbee, David A. _98837 |
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856 |
_uhttps://uowd.box.com/s/m3zymdaw72zd8cse7kk910rrv07x9fih _zLocation Map |
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942 |
_c3DAY _2ddc |