National economies are more and more integrated and dependent on developments in other parts of the world and global financial markets have become more important for macroeconomic policymaking. The book provides a general overview of important financial market instruments (including derivatives) and the relationship between asset markets and macroeconomic fundamentals, linkages between macroeconomic fundamentals and the banking system, and international liquidity and economic crises. The book closes the gap between macroeconomics/finance and money/banking by combining open economy macroeconomics with key concepts of finance and financial markets. It addresses graduate students in the fields of business administration, public policy, applied economics, and more advanced programs in executive education. weiterlesen