Financial Markets and Institutions

Financial Markets and Institutions examines the structure, functions, and dynamics of modern financial systems, highlighting how markets and intermediaries facilitate the flow of funds within an economy. The text explores money and capital markets, banking systems, regulatory frameworks, risk management, and the role of financial instruments in investment and economic growth. It connects theory with real-world practices, explaining how institutions manage liquidity, credit, and market risk while supporting financial stability. Through analytical insights and practical perspectives, readers develop a strong understanding of how financial markets operate, how institutions respond to global challenges, and how financial decision-making influences economic development and policy.