Stephen G. Cecchetti, Kermit L. Schoenholtz
McGraw-Hill Education; 4th edition (January 7; 2014)
Cecchetti & Schoenholtz’s Money; Banking; and Financial Markets 4th edition stays relevant and interesting through the textbook’s unique emphasis on the 5 Core Principles; the early introduction of risk; an integrated global perspective; and the integration of FRED data in the textbook and problem material. By focusing on the big picture via core principles; Cecchetti & Schoenholtz teaches finance students the rationale for financial rules and institutional structure so that even when the financial system evolves; college students’ knowledge will not be out of date. Be sure to visit the author blog at www.moneyandbanking.com for short; informed discussions on issues in the news; as well as technical points relevant for instructors and finance students alike.
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