Economics of Banking

This Revised and Updated Edition of the Economics of Banking Addresses the Need for a User-Friendly Textbook That is Mathematically Accessible and Provides a Microeconomic Context, Which Enables Students to Understand and Analyse Contemporary Trends and Operations in Banking. Providing a Sound Theoretical Basis for Understanding Bank Behaviour, the Economics of Banking is Essential for Final Year Undergraduate and Postgraduate Students Taking Courses in Banking. Features of the New Edition Greater Emphasis is Provided on Risk Management With an Extended Chapter Dealing With Trading Risk and Recent Developments in Bank Book Risk Management. a New Chapter Has Been Added on Assessing Bank Competition and the Competitive Nature of the Banking Market. New Material Has Been Added on Bank Performance Including Benchmarking, Efficiency Analysis and Modelling of Bank Cost Functions. Coverage of Bank and Financial Regulation Has Been Significantly Updated With More Extensive Discussion Of