Rating: 
Summary: Pretty good book for intermediate level
Review: Design:
The book is designed well with appropriate headings and sub-headings making it smooth to read and navigate. The language used is also well understood.Content:
This book introduces the various financial markets: bond, stock, foreign exchange and a brief discussion on derivatives. It gives a general idea and analysis behind the operating mechanisms of monetary policies, paving the way for further studies into the topics. Its main focus is on the U.S. economy, and includes applications in the European Union and Asia as well. Small sections are devoted to real world applications, with reference to the concepts taught. For who:
On the other hand, this book remains an introduction to monetary economies and is not for students seeking detailed analysis. Students should also have a basic background on economics in order to utilize the text to the fullest.
Rating: 
Summary: Excellent textbook on monetary economics
Review: For once, there is an economist with a passion to teach and communicate well. Although it is supposed to be an introductory text in monetary economics, I return to it again and again to check my basic understanding of this subject.
Rating:
Summary: Great book for an overview of financial markets
Review: Gives a great overview of financial markets and emphasizes the economics behind the dynamics of the markets, though a few facts are outdated e.g. the Japanese central bank is now much more independant from the Japanese Government. But again that is a very recent development. Overall I give five stars to it.
Rating:
Summary: Wonderful and accessible book
Review: Highly recommended for both dummies and people familiar with economics. The author presents an unbiased, unpartisan, clear introduction to numerous aspects of monetary policy, financial institutions, and financial markets. Along with factual material the author presents important and profound generalizations and principles.
Rating:
Summary: A Great Learning Tool
Review: I used this book for an independent study in banking. It was wonderfully written, and very easy to read. It's definitely the class of all introductory banking texts. They even use it at Harvard.
Rating:
Summary: Perfect Introductory Book for Money and Bank Theory
Review: Perfect for an introductory course in Banking and Monetary Theory. Requires a preview of basic economics to really get the most benefits. Undergraduate students would surely appreciate it.
Rating:
Summary: Perfect Introductory Book for Money and Bank Theory
Review: Perfect for an introductory course in Banking and Monetary Theory. Requires a preview of basic economics to really get the most benefits. Undergraduate students would surely appreciate it.
Rating:
Summary: Very good treatment of the role of money
Review: The author is very good in leading the reader through how money and its avaliability play an important role in determining the economy of any country.
The banking industry and its role are covered as well - starting from a historical perspective to the present day. Our class was doing a chapter on the various reforms in the banking industry when the Enron-Anderson scandal happened. We had some very though-provoking discussions in the class based on the material in the text.
While I am not a complete stranger to economics, I took home a lot of valuable information by the time I was done with this course and this text book. I only wish the publishers had included a CD ROM of real-world exercises / problems that stimulate thought on issues to consider when determining monetary policy.
Rating: 
Summary: HORRIBLE AND CONFUSING
Review: The book is largely a massive theoretically discussion with little attention toward real life. Simiarly, the book is too mathmatical which precludes a general understanding of the monetary system.
Rating:
Summary: Outstanding presentation of topics
Review: This book is being used for a Money and Banking course taught to undergraduate general business students at the University of Central Florida. The text is well-organized, concise, and informative. There are many tables and charts that summarize and/or reinforce the text. Supplemental materials, especially the study guide, are particularly helpful. The math is minimal and relies on, at most, basic algebra -something that, unfortunately, is beyond the capability of many university students these days. All that being said, the text is still way above the heads of most UCF students. But then again, they almost never study.
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