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Introduction
Chapter 1
Why Study
Financial Markets
and Institutions?
Chapter Preview
We preview subjects of interest to anyone who is
a part of a productive society. We motivate how
financial markets and institutions have significant
impact on important questions about our financial
well-being. Topics include:
Why Study Financial Markets?
Why Study Financial Institutions?
Applied Managerial Perspective
How Will We Study Financial Markets and Institutions
Copyright 2006 Pearson Addison-Wesley. All rights reserved.
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Stock Market
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4. Financial Innovation
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Chapter Summary
Why Study Financial Markets?: the three
primary markets (bond, stock, and foreign
exchange) were briefly introduced.
Why Study Financial Institutions?: the
market, institutions, and key changes
affecting these were outlined.
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