num_pages: 306
description: 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 benchmarking efficiency analysis and modelling of bank cost functions.* Coverage of bank and financial regulation has been significantly updated with more extensive discussion of Basel 2 and operational risk.* More rigour has been added to the chapter on international banking and more discussion about the future of retail banking is included in the introductory chapter.* New material has been added in selected chapters examining the global credit crunch of 2007/8 and the Northern Rock bank crisis in the UK.
language: English
title: The Economics of Banking
publisher: John Wiley &Sons