PART ONE: INTRODUCTION 1. The role of a financial systemPART TWO: FINANCIAL INSTITUTIONS AND SYSTEMS 2. An introduction to financial systems3. The UK financial system4. The US financial system5. The German financial system6. The French and Italian financial systems7. Financial systems in Northern Europe-Hans-Michael TrautweinPART THREE: THEORY 8. Portfolio theory9. The determination of short-term interest rates10. The structure of interest rates11. The valuation of assetsPART FOUR: MONEY AND BANKING 12. Banks and the supply of money13. The demand for money14. Monetary policyPART FIVE: MARKETS 15. Money markets16. Bond markets17. Equity markets18. Foreign exchange markets19. Derivatives - the financial futures markets20. Options, swaps and other derivativesPART SIX: CURRENT ISSUES 21. The single European market22. The European Monetary System and monetary union23. The European Central Bank and euro area monetary policy24. Financial innovation25. The regulation of financial markets26. Financial market efficiency
