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Financial Markets and Institutions, 10th edition

  • Frederic S Mishkin, 
  • Stanley Eakins

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Overview

Hallmark features of this title

  • A unifying analytic framework uses a few basic principles to organize students’ thinking.
  • The Practicing Manager applications emphasize the financial practitioner’s approach to financial markets and institutions.
  • Careful step-by-step development of models helps students master the material.
  • International perspectives are integrated throughout the text.
  • Following the Financial News boxes introduce students to relevant news articles and data reported in financial news sources and explain how to read them.
  • A focus on the impact of electronic technology on the financial system makes use of the web for exercises, chart/table sources, and margin references. E-Finance boxes explain how changes in tech have affected financial markets and institutions.

Published by Pearson (August 29th 2023) - Copyright © 2024

ISBN-13: 9780138025465

Subject: Finance

Category: Financial Markets & Institutions

Table of contents

PART 1: INTRODUCTION

  1. Why Study Financial Markets and Institutions?
  2. Overview of the Financial System

PART 2: FUNDAMENTALS OF FINANCIAL MARKETS

  1. What Do Interest Rates Mean and What Is Their Role in Valuation?
  2. Why Do Interest Rates Change?
  3. How Do Risk and Term Structure Affect Interest Rates?
  4. Are Financial Markets Efficient?

PART 3: FUNDAMENTALS OF FINANCIAL INSTITUTIONS

  1. Why Do Financial Institutions Exist?
  2. Why Do Financial Crises Occur and Why Are They So Damaging to the Economy?

PART 4: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY

  1. Central Banks and the Federal Reserve System
  2. Conduct of Monetary Policy

PART 5: FINANCIAL MARKETS

  1. The Money Markets
  2. The Bond Market
  3. The Stock Market
  4. The Mortgage Markets
  5. The Foreign Exchange Market
  6. The International Financial System

PART 6: THE FINANCIAL INSTITUTIONS INDUSTRY

  1. Banking and the Management of Financial Institutions
  2. Financial Regulation
  3. Banking Industry: Structure and Competition
  4. The Mutual Fund Industry
  5. Insurance Companies and Pension Funds
  6. Investment Banks, Security Brokers and Dealers, and Venture Capital Firms

PART 7: THE MANAGEMENT OF FINANCIAL INSTITUTIONS

  1. Risk Management in Financial Institutions
  2. Hedging with Financial Derivatives

CHAPTERS ON THE WEB

  1. Financial Crises in Emerging Market Economies W-1
  2. Savings Associations and Credit Unions W-22
  3. Finance Companies

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