In this book, we provide extensive analysis of the financial events of recent years. We believe these events are sufficiently important to be incorporated into the body of the text rather than just added as boxed features. In particular, we stress a lesson policymakers learned the hard way: What happens in the shadow banking system is asimportant to the economy as what happens in the commercial banking system. We realize, however, that the details of the financial crisis and recession will eventually pass into history. In this text, we don’t want to just add to the laundry list of facts that students must memorize. Instead, we lead students through the economic analysis of why the financial system is organized as it is and how the financial system is connected to the broader economy. We are gratified by the success of our principles of economics textbook, and we have employed a similar approach in this textbook: We provide students with a framework that allows them to apply the theory that they learn in the classroom to the practice of the real world.

在这本书中，我们对近年来的金融事件进行了广泛的分析。我们相信这些事件是足够重要的，可以纳入正文，而不是仅仅作为装箱的特征。我们特别强调政策制定者从艰难的道路上吸取的教训：影子银行体系中发生的事情与商业银行体系中发生的事情一样，对经济至关重要。然而，我们意识到，金融危机和经济衰退的细节终将成为历史。在这篇课文中，我们不想仅仅增加学生必须记住的一大堆事实。取而代之的是，我们引导学生进行经济分析，了解金融体系为什么会按原样组织起来，以及金融体系如何与更广泛的经济联系起来。我们对我们的经济学原理教科书的成功感到欣慰，我们在这本教科书中采用了类似的方法：我们为学生提供了一个框架，使他们能够将课堂上所学的理论应用于现实世界的实践。