Money (Google eBook)

Front Cover
Greenwood Publishing Group, 2007 - Business & Economics - 228 pages
0 Reviews
"Money makes the world go around." From the earliest bartering systems to today's sophisticated electronic transfers of billions of dollars in a split second, systems of exchange have conferred value upon goods and services and created the economic glue that binds individuals, businesses, communities, and nations together. We use it every day, and yet most of us have little understanding of how it really works. In this volume, Mark Dobeck and Euel Elliott present a colorful history of money in its economic, political, socio-cultural, and even psychological context. The first section focuses on banks and financial institutions, and includes discussion of checks and paper money and types of banks and finance companies. The next part covers the role of currency in national sovereignty; the impact of technology on money and global finance; debt, credit, and equity; and money markets. The final chapters look at financial markets and innovation, with discussion of risk management and such controversial and timely issues as emerging investment instruments and the future of money in an electronic age. Featuring a glossary and timeline, charts and graphs, index and references, Money is an engaging introduction to this vital component of the economy.

What people are saying - Write a review

We haven't found any reviews in the usual places.


A Look Back
2 Monetary Policy and Central Banks
FIGURE 21 Federal Reserve System Organizational Chart
FIGURE 22 The Federal Reserve Districts
TABLE 21 The Federal Reserve Districts
FIGURE 23 The Automated Clearinghouse ACH Operational Structure
3 Banks Banking and Financial Institutions
TABLE 31 Largest 25 Banks in the United States in Millions of US Dollars
TaxExempt Equivalent Yields
TABLE 62 Credit Ratings Comparison of Three Agencies
The Money Market and the Foreign Exchange Market
TABLE 71 Currencies of Thirtysix Nations
A Revolution in Finance
TABLE 81 Derivative Contracts and Derivative Securities
9 Risk Management Regulation and Politics
10 Beyond Money

4 Currency and National Sovereignty
TABLE 41 Nations That Have Adopted the Euro Conversion Rates from Previous Currency
5 Financial Exchanges Globalization and Technology
6 Capital Markets and Bonds

Common terms and phrases

About the author (2007)

MARK F. DOBECK is Professor of Business Administration, Collin County Community College, and Instructor in accounting, auditing, economics, organizational management, and public policy, at the University of Texas at Dallas. He has over twenty years of management experience in banking, securities, and information technology, and previously served as Advisor to the Deputy Chairman, National Reserve Bank, Moscow, and Director of the Securities Group-Large Financial Institutions at EDS. He has been certified as a Project Management Professional (PMP) by the Project Management Institute.

EUEL ELLIOTT is Professor of Government, Politics and Political Economy and Associate Dean for Graduate Education, School of Social Sciences, University of Texas at Dallas. He previously served as Director of the Master of Public Affairs program and Director of Graduate Studies at the university. He has published in a wide range of public policy, political science and economics journals, including Social Science Quarterly, Policy Studies Review, and Journal of Policy Modeling, and has co-edited two books, Chaos Theory in the Social Sciences and Non-linear Dynamics, Complexity and Public Policy.

Bibliographic information