Economics of Money, Banking and Financial Markets, The, Global Edition

Auteur

Frederic S. Mishkin is the Alfred Lerner Professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University. He is also a Research Associate at the National Bureau of Economic Research, co-director of the US Monetary Policy Forum, a member of the Squam Lake Working Group on Financial Reform, and past president of the Eastern Economics Association.

Professor Mishkin's research focuses on monetary policy and its impact on financial markets and the aggregate economy. He is the author of more than twenty books and has published more than 200 articles in prominent journals. Mishkin is currently an associate editor (member of the editorial board) at six academic journals.

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This title is a Pearson Global Edition. The Editorial team at Pearson has worked closely with educators around the world to include content which is especially relevant to students outside the United States.

For courses in money and banking, or general economics.

A unified framework for understanding financial markets The Economics of Money, Banking and Financial Markets brings a fresh perspective to todayGÇÖs major questions surrounding financial policy. Influenced by his term as Governor of the Federal Reserve, Frederic Mishkin offers students a unique viewpoint and informed insight into the monetary policy process, the regulation and supervision of the financial system, and the internationalization of financial markets. The 13th Edition provides a unifying, analytical framework for learning that fits a wide variety of syllabi. And core economic principles and real-world examples organize students' thinking and keep them motivated. After reading this text, students are well equipped to apply these financial models, terms, and equations to decisions that affect both their personal and professional lives.

MyLab-« Economics is not included. Students, if Pearson Pearson MyLab Economics is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN. Pearson Pearson MyLab Economics should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.

Résumé
Teach your students the principles of economics and give them a practical foundation The Economics of Money, Banking and Financial Markets, 13th edition, teaches your students basic economic principles and shows them how to apply them in their professional and personal lives with a flexible teaching structure. This title is available with MyLab®.

Contenu

Brief Contents

PART I: Introduction

1. Why Study Money, Banking, and Financial Markets?
2. An Overview of the Financial System
3. What Is Money?

PART II: Financial Markets

1. The Meaning of Interest Rates
2. The Behavior of Interest Rates
3. The Risk and Term Structure of Interest Rates
4. The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis

PART III: Financial Institutions

1. An Economic Analysis of Financial Structure
2. Banking and the Management of Financial Institutions
3. Economic Analysis of Financial Regulation
4. Banking Industry: Structure and Competition
5. Financial Crises in Advanced Economies
6. Financial Crises in Emerging Market Economies

PART IV: Central Banking And The Conduct Of Monetary Policy

1. Central Banks
2. The Money Supply Process
3. Tools of Monetary Policy
4. The Conduct of Monetary Policy: Strategy and Tactics

PART V: International Finance and Monetary Policy

1. The Foreign Exchange Market
2. The International Financial System

PART VI: Monetary Theory

1. Quantity Theory, Inflation, and the Demand for Money
2. The IS Curve
3. The Monetary Policy and Aggregate Demand Curves
4. Aggregate Demand and Supply Analysis
5. Monetary Policy Theory
6. The Role of Expectations in Monetary Policy
7. Transmission Mechanisms of Monetary Policy

Additional Chapters in Pearson Pearson Mylab Economics

1. Nonbank Finance
2. Financial Derivatives
3. Conflicts of Interest in the Financial Services Industry