Now in its fourth edition. Finance: The Basics is a clear and practical introduction to the world of finance. It thoroughly explains essential financial statements. tools. and concepts; fundamental financial instruments and transactions; and global financial participants. markets. and systems.
This fully revised edition captures the most important aspects of a changing financial landscape. including:
A new chapter dedicated to the emerging world of digital currencies. with a review of digital finance and a detailed discussion of regulated and unregulated digital currencies (including cryptocurrencies)
New sections dealing with a range of social issues that directly impact on finance. including sustainability; environmental. social. and governance (ESG) and socially responsible investing (SRI) imperatives; microfinance; and impact investing
Twelve updated real-world case studies (‘Finance in Action’ studies) and nine new case studies focused on annuities. sustainability. green financings. microfinance. digital currencies. financial technology/decentralised finance. ESG and SRI investing. quantitative easing and tightening. and the financial emergence of China
A concise and comprehensive glossary containing key terms discussed in the book
Supplemental digital resources. including PowerPoints for instructors and a test bank of questions for students
Each chapter is accompanied by an overview and summary. illustrations and tables. real-life case studies. and recommended readings. Finance: The Basics is essential reading for anyone interested in the fascinating world of finance.
