Using a macro framework, Money, Banking and Financial Markets presents the core concepts necessary to understand the problems affecting the stock market and the causes of recessions and banking crises. Laurence Ball is Professor of Economics at Johns Hopkins University. He holds a Ph.D. in economics from the Massachusetts Institute of Technology and a B.A. in economics from Amherst College. Professor Ball is a Research Associate of the ¬National Bureau of Economic Research and has been a visiting scholar at the Federal Reserve, the Bank of Japan, the Central Bank of Norway, the Reserve Bank of Australia, and the Hong Kong Monetary Authority. His academic honors include the Houblon-Norman Fellowship (Bank of England), a Professorial Fellowship in Monetary Economics (Victoria University of Wellington and ¬Reserve Bank of New Zealand), the NBER Olin Fellowship, and the Alfred P. Sloan Research Fellowship. He is the coauthor with N. Gregory Mankiw of Macroeconomics and the Financial System (Worth Publishers). Professor Ball lives in Baltimore with his wife, Patricia, and their son, Leverett. This refurbished product is tested and certified to work properly. The product will have minor blemishes and/or light scratches. The refurbishing process includes functionality testing, basic cleaning, inspection, and repackaging. The product ships with all relevant accessories, and may arrive in a generic box.