Financial Markets, Institutions, and Instruments
Stephen Owen, PhD
Jim Brau, PhD, CFA, CFP
This resource teaches students the language of finance, from the six parts of the financial system and core principles of money and banking to the instruments that keep markets running: bonds, equities, derivatives, options, and cryptocurrencies. Written to be clear and easy to read, the resource builds financial fluency step by step, covering the time value of money, interest rates, risk, international finance, and the structure of the financial industry, giving students the intuition behind how markets and institutions actually work.
Course Objective
This resource teaches students about the essential role of financial markets and instruments—such as stocks, bonds, derivatives, and cryptocurrencies—in driving industry, emphasizing intuitive understanding for easier comprehension.
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