Description
Book Synopsis: The third edition of a leading text on the microeconomic foundations of banking, comprehensively updated with new coverage of the 2008 Global Financial Crisis, fintech, and the latest research in banking theory.
The banking industry has undergone seismic change in the twenty-first century, from the overhaul of regulation in the wake of the 2008 Global Financial Crisis to the digitalization of the economy and the disruption of traditional business models by ascendant tech giants. Now in a comprehensively updated third edition, this essential graduate-level text on the microeconomic foundations of banking provides the rigorous theoretical approach required to understand these new structures and norms, functioning as a user's guide to recent academic literature.
Microeconomics of Banking offers a comprehensive view of the evolution of banking theory and the rapidly changing realm of financial intermediation, examining the central issues and offering the necessary tools for understanding how they have been modeled.
New edition highlights:
- Up-to-date coverage of the latest research in banking theory as well as the events of the global financial crisis and resultant Basel III regulatory framework
- New chapters on liquidity and systemic risk
- New material throughout on cryptocurrencies, fintech, and other facets of a digitalized economy
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Details
Are you looking to stay ahead in the ever-changing world of banking? Look no further than the third edition of the book, "Microeconomics of Banking". This comprehensive and updated edition covers everything from the 2008 Global Financial Crisis to the rise of fintech, ensuring you have the latest knowledge in banking theory. With its rigorous theoretical approach, this book serves as a user's guide to recent academic literature, providing you with the necessary tools to understand the new structures and norms in the industry. Stay informed and ahead of the curve with "Microeconomics of Banking"!
One of the biggest challenges in the banking industry is keeping up with the rapid changes brought about by the digitalization of the economy. In this updated edition, you'll find new chapters on liquidity and systemic risk, offering insights into the challenges faced by financial institutions and how they have adapted to the digital age. You'll also find new material on cryptocurrencies and fintech, giving you a comprehensive view of the evolving landscape of banking. With "Microeconomics of Banking", you'll be equipped to understand and navigate the complexities of a digitalized economy.
The global financial crisis of 2008 had a profound impact on the banking industry, leading to a complete overhaul of regulations. In this third edition, you'll find up-to-date coverage of the events surrounding the crisis and the resultant Basel III regulatory framework. By understanding the lessons learned from the crisis and the new regulations in place, you'll be able to gain valuable insights and make informed decisions. "Microeconomics of Banking" acts as your guide to understanding the evolution of banking theory and the important role played by financial intermediation.
Don't miss out on this essential graduate-level text that offers a comprehensive view of the microeconomic foundations of banking. Get your copy of "Microeconomics of Banking" today and be equipped with the knowledge and tools to thrive in the fast-paced and ever-changing world of banking.
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