APPRECIAT E THE COMPLEXITIES UNDERLYING THE WORLD OF FINANCE

Events and crises of the past few decades have taught us that global markets and financial institutions rely on a delicate balance, which, if disturbed, can lead to far-reaching and sometimes disastrous consequences. Contemporary Finance will introduce you to the many factors contributing to this balance, including regulation, monetary policy, institutional risk management tools, and, of course, the markets themselves.

Suitable for students of all levels, regardless of background, this book connects theories and concepts directly to real-world events, examples, and case studies, making it easy to see what makes the gears of finance turn. With its focus on recent developments, new types of uncertainty, fintech issues, and the future of global markets, Contemporary Finance is also an excellent choice for professionals looking to improve or update their understanding of financial economics.

By aiming for integration across topics rather than siloed explanations of individual subjects, this book offers readers a practically applicable foundation of knowledge that will serve them well in private and public-sector careers. Today's learners need a contemporary, applied approach to the study of finance--this is it.

ALLAN M. MALZ, PHD, is a researcher with an extensive background in finance, including as an economist at AIG, a vice president at the Federal Reserve Bank of New York, and the Chief Risk Officer at several hedge fund management firms. He is also author of Financial Risk Management: Models, History, and Institutions.