Skip to main content

Humanities, Social Science and Language

Digital Products

Course managementreporting, and student learning tools backed by great support.

McGraw Hill GO
Greenlight learning with the new eBook+

Personalize learning and assessment

ALEKS® Placement, Preparation, and Learning
Achieve accurate math placement

Ignite mastery of MS Office and IT skills

McGraw Hill eBook & ReadAnywhere App
Get learning that fits anytime, anywhere

Sharpen: Study App
A reliable study app for students

Virtual Labs
Flexible, realistic science simulations


Inclusive Access
Reduce costs and increase success

LMS Integration
Log in and sync up

Math Placement
Achieve accurate math placement

Content Collections powered by Create®
Curate and deliver your ideal content

Custom Courseware Solutions
Teach your course your way

Professional Services
Collaborate to optimize outcomes

Remote Proctoring
Validate online exams even offsite

Institutional Solutions
Increase engagement, lower costs, and improve access for your students


General Help & Support Info
Customer Service & Tech Support contact information

Online Technical Support Center
FAQs, articles, chat, email or phone support

Support At Every Step
Instructor tools, training and resources for ALEKS, Connect & SIMnet

Instructor Sample Requests
Get step by step instructions for requesting an evaluation, exam, or desk copy

Platform System Check
System status in real time

Money, Banking and Financial Markets
Money, Banking and Financial Markets

Money, Banking and Financial Markets, 6th Edition

ISBN10: 1260226786 | ISBN13: 9781260226782
By Stephen Cecchetti and Kermit Schoenholtz

Format Options:

* The estimated amount of time this product will be on the market is based on a number of factors, including faculty input to instructional design and the prior revision cycle and updates to academic research-which typically results in a revision cycle ranging from every two to four years for this product. Pricing subject to change at any time.

Instructor Information

Quick Actions (Only for Validated Instructor Accounts):

Cecchetti & Schoenholtz's Money, Banking, and Financial Markets 6e stays relevant and interesting through the product’s unique emphasis on the Five Core Principles, the early introduction of risk, an integrated global perspective, and the integration of FRED data in both the text and problem material. By focusing on the big picture via core principles, Cecchetti teaches students the rationale for financial rules and institutional structure so that even when the financial system evolves, students' knowledge will not be out of date. Be sure to visit the author blog at for short, informed discussions on issues in the news, as well as technical points relevant for instructors and students alike.

Connect Economics: McGraw-Hill's online assignment and assessment tool. Cecchetti paired with Connect Economics provides assignable, auto-gradable versions of end-of-chapter problems in static and algorithmic format, as well as test bank content and graphing problems. Students receive detailed step-by-step feedback on assignments and assignable content is fully integrated with the eBook.Students are also able to search, highlight, and take notes within the ReadAnywhere eBook and complete SmartBook 2.0 assignments offline. Connect provides instructors with powerful reporting tools allowing them to plan,track, and analyze student performance across learning outcomes.

Part I Money and the Financial System
chapter 1 An Introduction to Money and the Financial System 
chapter 2 Money and the Payments System 
chapter 3 Financial Instruments, Financial Markets, and Financial Institutions 
Part II Interest Rates, Financial Instruments, and Financial Markets
chapter 4 Future Value, Present Value, and Interest Rates 
chapter 5 Understanding Risk 
chapter 6 Bonds, Bond Prices, and the Determination of Interest Rates 
chapter 7 The Risk and Term Structure of Interest Rates 
chapter 8 Stocks, Stock Markets, and Market Efficiency 
chapter 9 Derivatives: Futures, Options, and Swaps 
chapter 10 Foreign Exchange 
Part III Financial Institutions
chapter 1 1 The Economics of Financial Intermediation 
chapter 1 2 Depository Institutions: Banks and Bank Management 
chapter 1 3 Financial Industry Structure 
chapter 14 Regulating the Financial System 
Part IV Central Banks, Monetary Policy, and Financial Stability
chapter 15 Central Banks in the World Today 
chapter 16 The Structure of Central Banks: The Federal Reserve and the European Central Bank 
chapter 17 The Central Bank Balance Sheet and the Money Supply Process 
chapter 18 Monetary Policy: Stabilizing the Domestic Economy 
chapter 19 Exchange Rate Policy and the Central Bank 
Part V Modern Monetary Economics
chapter 20 Money Growth, Money Demand, and Modern Monetary Policy 
chapter 21 Output, Inflation, and Monetary Policy 
chapter 22 Understanding Business Cycle Fluctuations 
chapter 23 Modern Monetary Policy and the Challenges Facing Central Bankers 
McGraw Hill Connect Product Logo

Main Features

  • LMS Integration
  • Print/Loose-Leaf Book Add-On Availability
  • Presentation Slides & Instructor Resources
  • Question & Test Banks
  • Adaptive Assignments
  • Student Progress Reporting & Analytics
  • Essay Prompts
  • Polling
  • Prebuilt Courses
  • Interactive Exercises
  • eBook Access (ReadAnywhere App)
  • Remote Proctoring (Proctorio)
  • Subject-Specific Tools

About the Author

Stephen Cecchetti

Stephen Cecchetti is currently Professor of International Economics and Finance at the International Business School, Brandeis University, and Director of Research at the Rosenberg Institute for Global Finance. He is also a Research Associate of the National Bureau of Economic Research, an organization of distinguished academic economists who specialize in policy-oriented empirical studies of national and world economies, and a consultant to central banks around the world. He is currently serving as a consultant to the European Central Bank's Inflation Persistence Project. Prior to joining the faculty at Brandeis, he was Professor of Economics at Ohio State University. From August 1997 to September 1999, he was Executive Vice President and Director of Research at the Federal Reserve Bank of New York, as well as Associate Economist of the Federal Open Market Committee. Professor Cecchetti received a S.B. in Economics from M.I.T. in 1977, and a Ph.D. in Economics from the University of California at Berkeley in 1982.

Kermit Schoenholtz


Creating accessible products is a priority for McGraw Hill. We make accessibility and adhering to WCAG AA guidelines a part of our day-to-day development efforts and product roadmaps.

For more information, visit our accessibility page, or contact us at

affordability icon


Reduce course material costs for your students while still providing full access to everything they need to be successful. It isn't too good to be true - it's Inclusive Access.

Need support?   We're here to help - Get real-world support and resources every step of the way.