Summary of International Money and Finance

International Money and Finance is a comprehensive and up-to-date introduction to a complex and rapidly changing field. Written by an experienced economist and educator, this book provides an accessible and authoritative overview of key topics in international money and finance, from foreign exchange, to pricing and hedging derivatives, to international financial markets and institutions. The text covers the traditional concepts, including fixed and float exchange rates, the balance of payments, and macroeconomic policies. It also includes new topics, such as topics regarding monetary union and the effects of technological advances on the operation of financial markets. International Money and Finance is designed to help readers understand the theories, methods, and applications of international money and finance, and gain practical insight into both the current state of international finance and the future evolution of international financial systems.