Introduction to Finance, 17th Edition offers students a balanced introduction to the three major areas of finance: institutions and markets, investments, and financial management. Updated to incorporate recent economic and financial events, this new edition is an ideal textbook for first courses in finance—reviewing the discipline’s essential concepts, principles, and practices in a clear, reader-friendly manner. Students gain an integrated perspective of finance by learning how markets and institutions influence, and are influenced by, individuals, businesses, and governments.
Designed to impart financial literacy to readers with no previous background in the subject, the text provides a solid foundation for students to build upon in later courses in financial management, investments, or financial markets. Equations and mathematical concepts are kept to a minimum, and include understandable, step-by-step solutions. Divided into three parts, the book explains financial markets, discusses the functions of financial systems, reviews savings and investments in different sectors, describes accounting concepts and organizational structures, and more. Real-world examples featured throughout the text help students understand important concepts and appreciate the role of finance in various local, national, and global settings.
Introduction to Finance: Markets, Investments, and Financial Management| Ronald W. Melicher (Author), Edgar A. Norton (Author)| Wiley
Table of Contents
Part 1. Institutions and Markets
Chapter 1. The Financial Environment
Chapter 2. Money and the Monetary System
Chapter 3. Banks and Other Financial Institutions
Chapter 4. Federal Reserve System
Chapter 5. Policy Makers and the Money Supply
Chapter 6. International Finance and Trade
Part 2. Investments
Chapter 7. Savings and Investment Process
Chapter 8. Interest Rates
Chapter 9. Time Value of Money
Chapter 10. Bonds and Stocks: Characteristics and Valuations
Chapter 11. Securities and Markets
Chapter 12. Financial Return and Risk Concepts
Part 3. Financial Management
Chapter 13. Business Organization and Financial Data
Chapter 14. Financial Analysis and Long-Term Financial Planning
Chapter 15. Managing Working Capital
Chapter 16. Short-Term Business Financing
Chapter 17. Capital Budgeting Analysis
Chapter 18. Capital Structure and the Cost of Capital
Problems
Appendix
Glossary
Index
LINK FOR THE BOOK