Cecchetti, Stephen G. (Stephen Giovanni) creator author. Schoenholtz, Kermit L author. McGraw-Hill Education (Firm) text iau 2021 Sixth Edition. monographic eng

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xxxiv, 672 p. ; col., ill. : 20 x 3 x 26 cm "The entire content of this book is based on five core principles. Knowledge of these principles is the basis for understanding what the financial system does, how it is organized, how it is linked to the real economy, and how it is changing. If you understand these five principles, you will understand the future: 1. Time has value. 2. Risk requires compensation. 3. Information is the basis for decisions. 4. Markets determine prices and allocate resources. 5. Stability improves welfare"-- Ages 18+ years McGraw-Hill Grades 10-12 McGraw-Hill juvenile Stephen G. Cecchetti, Brandeis International Business School, Kermit L. Schoenholtz, New York University Leonard N. Stern School of Business. Previous edition published in 2017. Includes glossaries and index Money Banks and banking Finance Capital market HG221 .C386 2021 332 CEC Cecchetti, Stephen G, Dubuque : McGraw-Hill, 2021. 6. (DLC) 2019041454 978-1260571363 9781260226782 9781264058693 2019041453 DLC 190917 20240820152527.0 21208766 eng