Preface * Acknowledgements * The World of Finance * Financial Intermediation and Financial Markets * Financial Institutions * Monetary Policy and Interest Rate Determination * The Domestic and International Money Markets * The Domestic and International Bond Market * Portfolio Analysis: Risk and Return in Financial Markets * The Capital Asset Pricing Model * Stockmarkets and Equities * The Efficiency of Financial Markets * The Foreign Exchange Market * Theories of Exchange Rate Determination * Financial Futures * Options * The Pricing of Options * Swap Markets * The Regulation of Financial Services * Bibliography * Index.