Economics of Money, Banking and Financial Markets

Economics of Money, Banking and Financial Markets, 12th edition

  • Frederic Mishkin

Choose the option that's right for you

Single

$9.99 / mo

4-month minimum term for $39.96

  • Access this eText title
  • Up to 2 devices

Multi

$14.99 / mo

4-month minimum term for $59.96

  • Access over 1,500 titles
  • Up to 2 devices
  • Discounted tutor access

Learn more, spend less

  • Icon

    Study smarter, not harder

    Save time with study tools in your eText

  • Icon

    Watch and learn

    Videos & animations bring concepts to life

  • Icon

    Listen on the go

    Learn how you like with full eText audio

  • Icon

    Learn anytime, anywhere

    Get the app to access your eText whenever you need it

  • Icon

    Make it your own

    Your notes. Your highlights. Your eText

Overview

The Economics of Money, Banking, and Financial Markets is a solid framework for understanding financial markets. The text brings a fresh perspective to the major questions surrounding financial policies affecting modern economics. Influenced by his term as Governor of the Federal Reserve, Frederic Mishkin provides you with a unique viewpoint. He provides his informed insight into the monetary policy process, the regulation and supervision of the financial system, and the internationalization of financial markets.

The 12th Edition consists of a unifying, analytic framework for learning that fits a wide variety of your learning needs. Core economic principles and real-world examples will help you stay organized and see the connections of what you're learning.

Published by Pearson (July 9th 2020) - Copyright © 2021

ISBN-13: 9780136879374

Subject: Economics

Category: Topics in Microeconomics

Table of 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
4. The Meaning of Interest Rates
5. The Behavior of Interest Rates
6. The Risk and Term Structure of Interest Rates
7. The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis

PART III: FINANCIAL INSTITUTIONS
8. An Economic Analysis of Financial Structure
9. Banking and the Management of Financial Institutions
10. Economic Analysis of Financial Regulation
11. Banking Industry: Structure and Competition
12. Financial Crises

PART IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY
13. Central Banks and the Federal Reserve System
14. The Money Supply Process
15. Tools of Monetary Policy
16. The Conduct of Monetary Policy: Strategy and Tactics

PART V: INTERNATIONAL FINANCE AND MONETARY POLICY
17. The Foreign Exchange Market
18. The International Financial System

PART VI: MONETARY THEORY
19. Quantity Theory, Inflation, and the Demand for Money
20. The IS Curve
21. The Monetary Policy and Aggregate Demand Curves
22. Aggregate Demand and Supply Analysis
23. Monetary Policy Theory
24. The Role of Expectations in Monetary Policy
25. Transmission Mechanisms of Monetary Policy

CHAPTERS ON THE WEB
1. Financial Crises in Emerging Market Economies
2. The ISLM Model
3. Nonbank Finance
4. Financial Derivatives
5. Conflicts of Interest in the Financial Services Industry

Your questions answered

Introducing Pearson+. Reimagined learning, designed for you. Choose from one eText or over 1,500 eTexts and study tools, all in one place, for one low monthly subscription. A new way to buy books that fits your budget. Make the most of your study time with offline access, enhanced search, notes and flashcards — to get organized, get the work done quicker and get results. Plus, with the app, put textbooks in your pocket and learn wherever. It's time to upgrade the textbook and simplify learning, so you can have time to live too.

Pearson eText is an easy-to-use digital textbook available from Pearson+. Make it your own by adding notes and highlights. Download the Pearson+ mobile app to learn on the go, even offline. Listen on the go with our new audiobook feature, available for most titles.

When you choose a plan, you're signing up for a 4-month term. We will charge your payment method each month until your 4-month term has ended. After that, we'll automatically renew your subscription and charge you on a month-to-month basis unless you turn off auto-renewal in My account.

When you purchase a Pearson+ subscription, it will last a minimum of 4 months, and then automatically renew each month thereafter unless you turn off auto-renew in My account.

If you want to stop your subscription at the end of your 4-month term, simply turn off auto-renew from My account. To avoid the next payment charge, make sure you turn auto renewal off 1 day before the auto renewal date.

You can subscribe again after auto-renew has been turned off by purchasing another Pearson+ subscription.

We use your credit card to renew your subscription automatically. To make sure your learning is uninterrupted, please check your card details before your first monthly payment.

With a Multi Pearson+ subscription plan, you can download up to 5 titles on the Pearson+ app from My list on each of your authorized devices every month.

When you're using your Multi Pearson+ subscription plan in a browser, you can select and read from as many titles as you like.