Lecture Financial markets and institutions: Chapter 1 - Anthony Saunders, Marcia Millon Cornett
Lecture Financial markets and institutions: Chapter 1 - Anthony Saunders, Marcia Millon Cornett
This introductory chapter reviewed the basic operations of domestic and foreign financial markets and institutions. It described the ways in which funds flow through an economic system from lenders to borrowers and outlined the markets and instruments that lenders and borrowers employ to complete this process.