Money, the Financial System, and the Economy » (6th Edition)

Currently the Russell L. Carson Professor of Economics and Finance at the Graduate School of Business, and the Professor of Economics in the Department of Economics at Columbia University, Glenn Hubbard received his B.A. and B.S. from the University of Central Florida and A.M. and Ph.D. in economics from Harvard University, where he was honored with both National Science Foundation and Alfred P. Sloan Foundation fellowships.

This textbook introduces economic explanations for the organization of the financial system and the interconnection between the financial system and the economy. Hubbard (Columbia U.) stresses the application of theory in sections devoted to interest rates, financial markets, financial institutions, the money supply process and monetary policy, and the financial system and the macroeconomy. Annotation (c)2003 Book News, Inc., Portland, OR