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9780071147873 A presentation of the core theory, concepts, and dynamic real-world relationships between money, markets, financial institutions and the government. It shows the causes and consequences of monetary, financial, and international economic realities, and how these interrelate with legislation, financial innovations, the business cycle, deficits, international developments and monetary policy. Throughout the text, students are encouraged to see the effects of such developments on their lives as well as on the macroeconomy.