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The Thirteenth Edition of this successful book provides a survey of the foundations of the finance discipline. It covers the three major financial areas: Institutions & Markets, Investments, and Financial Management. This approach helps readers develop an integrated perspective of the different foundations of finance.
- Sales Rank: #376619 in Books
- Published on: 2008-04-18
- Original language: English
- Number of items: 1
- Dimensions: 11.04" h x .94" w x 8.78" l, 2.79 pounds
- Binding: Hardcover
- 592 pages
From the Back Cover
Inside financial markets, institutions, and management.
Realize it or not, finance is a big part of your life. It describes how your bank works, explains why you must pay interest on your mortgage, and helps business people make important decisions. So whether you’re beginning your studies for a career on Wall Street or just want to know enough to handle your day-to-day affairs, understanding the principles of finance are essential.
The Thirteenth Edition of Ronald Melicher and Edgar Norton’s Introduction to Finance is a great place to start. Improved and streamlined to meet the needs of today’s students, this new edition gives you a balanced survey of the three main areas of finance: Institutions & Markets, Investments, and Financial Management. The text not only equips you with a solid foundation of basic knowledge, concepts, and terms; it also offers insights into the practice of finance in large corporations, small businesses, and personal financial planning.
Starting with the “six principles of finance,” you’ll learn about:
- The role and functions of the financial system in a nation’s economy
- How banks, the Fed, and other financial intermediaries operate
- The savings-investment process and other financial assets
- The time-value of money and its advantages
- Securities investments and control of risk
Improvements to this new edition include:
- Discussion of small business practice to help you gain a better understanding of small business applications.
- Personal finance coverage integrated throughout the text.
- More in-depth discussion of business ethics.
- New global focus showing how monetary systems differ worldwide, how foreign exchange rates work, and what causes them to change.
- Enhanced pedagogical tools including additional end-of-chapter questions, career-profile features that connect the material to the real world, and Concept Checks to ensure mastery of each section.
- Expanded instruction on the use of spreadsheets to solve finance problems.
About the Author
Ronald Melicher is a Professor of Finance and Chair of the Finance Division in the College of Business at the University of Colorado at Boulder. He is also a President's Teaching Scholar and the W. H. Baughn Distinguished Scholar. Dr. Melicher is currently in his 31st year of teaching at the University of Colorado.
Most helpful customer reviews
4 of 4 people found the following review helpful.
Standard
By Mr. Dink
This book is good, except the solutions are not provided in the back of the book. You will have to hope your teacher provides them to you. It is a fairly easy read, but the explanations for example questions could be more fleshed out (in my opinion).
1 of 1 people found the following review helpful.
Great, clear explanations
By D. T. "Dani"
Previous text was Simon Benninga's Principles of Finance w/Excel (extremely helpful w/ templates & great practice exercises). This text provides a better overview of Finance in full context (helped explain "missing pieces"). Would highly recommend to Finance student as companion to Benninga's text.
1 of 1 people found the following review helpful.
Great
By Alan
Great material with lots of information related to my major in business administration and management. Definitely help me with my classes and I will keep it on my shelve for consultation when needed.
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