The author's excellent reputation in the field and clear style of writing makes the text accessible for novices/non-specialists in finance. The text introduces enhanced pedagogy with end of chapter questions and is extensively revised to assimilate recent developments in theory and practice. The author takes a global approach and effectively integrates UK and international material. The new edition is a comprehensive introduction to financial markets, institutions and instruments.
Also available is a companion website with extra features to accompany the text, please take a look by clicking below -
http://www.palgrave.com/business/pilbeam/home.htm

'[This book] provides a relatively non-technical but comprehensive survey of financial markets and institutions, and is updated with discussion of the many developments since the well-received first edition. Accessible to both students and practitioners, it is a welcome addition to the literature on this subject.' - John Thompson, Emeritus Professor of Finance, Liverpool John Moores University, UK

'[This book] will provide business and finance students with a firm understanding of financial markets, a strong grounding in financial methods and a basis for continued study in finance.' - Dr Everton Dockery, Senior Lecturer in Finance, University of Portsmouth, UK
'Finance and Financial Markets is designed to provide an introduction to those unfamiliar with the workings of financial markets. An added advantage is that the book is generally light on Mathematics... each chapter suggests further reading and includes both a multiple-choice quiz and short-answer questions. I liked the format for these end-of-chapter exercises given the growing popularity of multiple choice as a means of assessment and as a way for students to quickly consolidate their understanding of key ideas.' - Peter Moles, Senior Lecturer in Finance, Edinburgh University Management School, in THES.

Preface
Acknowledgements
The World of Finance
Financial Intermediation and Financial Markets
Financial Institutions
Monetary Policy and Interest Rate Determination
The Domestic and International Money Markets
The Domestic and International Bond Market
Portfolio Analysis: Risk and Return in Financial Markets
The Capital Asset Pricing Model
Stockmarkets and Equities
The Efficiency of Financial Markets
The Foreign Exchange Market
Theories of Exchange Rate Determination
Financial Futures
Options
The Pricing of Options
Swap Markets
The Regulation of Financial Services
Bibliography
Index

DR KEITH PILBEAM is Professor of International Economics and Finance at City University, London, UK. A graduate of Leeds University, he has undertaken postgraduate studies at the College of Europe in Bruges, where he also became a teaching assistant. He obtained his PhD from the European University Institute in Florence and has been employed at the National Westminster Bank and the Royal Bank of Scotland. He is President of International Economics & Finance Society (UK) and consultant to the Foreign Office and a number of academic and City institutions.