Part 1: Introduction

The readings for this part reinforce the text discussion of the functions and importance of the financial system.

1. Chapter 2:
   "The Money Market." Timothy Q. Cook and Robert K. LaRoche in Instruments of the Money Market edited by Timothy Q. Cook and Robert K. LaRoche, Federal Reserve Bank of Richmond, 1993, 1-6.

2. Chapter 2:
   "The Consolidation of European Stock Exchanges." James McAndrews and Chris Stefanadis, Federal Reserve Bank of New York Current Issues in Economics and Finance, 8(6), June 2002, pp. 1-6.