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Rose MCM cover
Money and Capital Markets: Financial Institutions and Instruments in a Global Marketplace, 8/e
Peter Rose, Texas A & M University
The Determinants of Interest Rates: Competing Ideas

Chapter Objectives


You will be able to see the important roles and functions that interest rates perform within the economy and inside the money and capital markets.

You will have the opportunity to explore the most important ideas about what determines the level of interest rates and asset prices within the financial system.

You will be able to draw up a list for easy reference of the key forces that economists believe set market interest rates and asset prices in motion.




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