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Stocks and Bonds

ebook
1 of 1 copy available
1 of 1 copy available
This engaging book offers a primer on stocks and bonds, using easy-to-understand language to explain how they function and why they are important. It will be a valuable resource for both economics students and readers interested in investing.
Although news outlets provide daily updates on stock market performance, many Americans have little understanding of how stocks and stock exchanges work. Yet stocks, along with government and corporate bonds, represent two key cornerstones of modern economics. While the average American may think of them as simply two types of investments, stocks and bonds have impacts on the economy that go far beyond the realm of personal finance.
The latest volume in Greenwood's new Student Guides to Business and Economics series, Stocks and Bonds gives readers an in-depth yet reader-friendly look at these integral components of the U.S. and global economy. It explores the different types of bonds, how stocks and stock exchanges work, and why periodic crashes and crises occur. It explains fundamental concepts such as risk versus return, interest rates, and behavioral economics, using real-world examples to illustrate key points. It also provides practical tried-and-true recommendations for investing in stocks and bonds.
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    • Library Journal

      April 24, 2020

      Knoop (economics & business, Cornell Univ.; Understanding Economic Inequality) describes finance as the "trading of money across time (with conditions attached)," and stocks and bonds as inventions crucial to conducting finance on a large scale. Beginning with a chronology and introduction to finance from clay tokens in Mesopotamia to today's electronic exchanges, chapters detail how bond and stock markets work, the role of central banks, market bubbles, and advice for personal investors. The text in some places lacks clarity, but the overall structure is sound. Relying on bullet points and italics, Knoop deftly outlines central ideas. VERDICT Best for business and economic majors. Personal investors are steered toward indexed mutual funds, making precise knowledge of individual stock and bond behaviors less necessary. Consider for academic libraries.--Maggie Knapp, Trinity Valley Sch., Fort Worth, TX

      Copyright 2020 Library Journal, LLC Used with permission.

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  • Kindle Book
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Languages

  • English

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