The Role of Financial Markets and Institutions Explained
Book: Financial Markets and Institutions, 11th Edition Author: Jeff Madura Publisher: Cengage Learning, 2015 ISBN: 978-1-133-94788-2
This is Part 1 of a chapter-by-chapter review of Financial Markets and Institutions by Jeff Madura. Chapter 1 sets the stage for the entire book by explaining what financial markets are, what gets traded in them, and why financial institutions exist.