Key Features

• Over 100 embedded hyperlinks to streaming videos and webpages enrich hybrid and online courses, engage students, and reinforce or augment many of the presented topics
• Clear and concise presentation minimizes discussions of theoretical tools, mathematics, and macroeconomic policy in order to focus on institutional components and how the banking system works in the real world
• Employs concrete, real-life examples that appeal to students with limited preparation in economics
• Highlights contemporary issues, often with applied case studies such as how the Federal Reserve responded to the COVID-19 pandemic; how the Federal Reserve got it wrong on inflation in 2022; “Shadow Banks;” the future of cryptocurrency; asset bubbles and triggers of financial crisis; and bank mergers and their welfare effects
• Career spotlights on a diverse array of figures in the banking and financial industries, such as Ventris Gibson (Section 3.2),  Raphael Bostic (Section 4.2), Janet Yellen (Section 5.2), Thasunda Brown Duckett (Section 6.1), Jamie Dimon (Section 9.6), the Federal Reserve Board of Governors (Section 12.3), Jerome Powell (Section 12.3), and Mary Daly (Section 13.2)
• Superior explanations of complicated topics, such as Commercial Banking (Ch. 10 “The Commercial Banking Industry”), Deposit Insurance (Ch. 11 “Deposit Insurance”), The CAMELs System (Section 11.3), and the Federal Reserve System (Ch. 12 “The Federal Reserve System”) 
• Global perspective weaves international topics throughout the narrative in meaningful ways and with two full global chapters (Ch. 15 “Foreign Exchange Market and International Banking” and Ch. 16 “Exchange Rate Systems”)
• Supportive Learning Features for each chapter include:
• “Learning Objectives” at the beginning of each main section preview the material to come and prepare students to learn
• “Key Terms” highlight vital terminology and concisely define key concepts 
• “Key Takeaways” at the end of each main section reflect the corresponding Learning Objectives and summarize key ideas in bullet-point fashion. “Key Takeaways” enable learners to pause and consolidate the information just encountered into a “chunk.” This process enables the reader to better understand and retain the section’s content and its key concepts
• “Career Profiles” in each chapter highlight a key banking figure, including the leader’s pertinent background and career progression 
• “Chapter Summaries” distill key chapter information to reinforce study skills
• “Study Questions” provide opportunities to apply information just learned to test knowledge and support information retention

• TIFs, IMs, PPTs, Quizzes, and Sample Syllabi are written by the author to ensure accuracy and alignment with the book. Answer guidelines for “Study Questions” are included in the instructor’s manual
• Customizable