Written principally to cover the syllabus requirements of the CIB
Core Associateship paper "The Monetary and Financial System", this
new edition has been updated in the text (especially the exchange
rate mechanism, European Monetary System, corporate finance/risk
management sections) and in the examples and questions. Each
chapter contains examination questions, with outline answers,
together with a full specimen model answer to a recent question.
Although written specifically for this syllabus, it is also
suitable for undergraduates reading economics with monetary and
financial systems components. The text should help students to
acquire a finely-focused prespective of the evolving practices of
the monetary and financial system of a developed economy.
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