(P/B) ECONOMICS OF MONEY, BANKING AND FINANCIAL MARKETS

Παρουσίαση

For courses in money and banking, or general economics. A unified framework for understanding financial marketsThe Economics of Money, Banking and Financial Markets brings a fresh perspective to today's 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 12th Edition, Global Edition, provides a unifying, analytic framework for learning that fits a wide variety of syllabi. Core economic principles and real-world examples organize students' thinking and keeps them motivated. MyLab (TM) Economics is not included.
Students, if MyLab Economics is a recommended/mandatory component of the course, please ask your instructor for the correct ISBN. MyLab Economics should only be purchased when required by an instructor. Instructors, contact your Pearson representative for more information.
Reach every student by pairing this text with MyLab Economics MyLab (TM) is the teaching and learning platform that empowers you to reach every student. By combining trusted author content with digital tools and a flexible platform, MyLab personalizes the learning experience and improves results for each student. (From the publisher)

Περιεχόμενα

PART 1 Introduction
1. Why Study Money, Banking, and Financial Markets?
2. An Overview of the Financial System
3. What Is Money?
PART 2 Financial Markets
4. Understanding 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 3 Financial Institutions
8. An Economic Analysis of Financial Structure
9. Financial Crises in Advanced Economies
10. Financial Crises in Emerging Market Economies
11. Banking and the Management of Financial Institutions
12. Economic Analysis of Financial Regulation
13. Banking Industry: Structure and Competition
PART 4 Central Banking and the Conduct of Monetary Policy
14. Central Banks: A Global Perspective
15. The Money Supply Process
16. The Tools of Monetary Policy
17. The Conduct of Monetary Policy: Strategy and Tactics
PART 5 International Finance and Monetary Policy
18. The Foreign Exchange Market
19. The International Financial System
PART 6 Monetary Theory
20. Quantity Theory, Inflation, and the Demand for Money
21. The IS Curve
22. The Monetary Policy and Aggregate Demand Curves
23. Aggregate Demand and Supply Analysis
24. Monetary Policy Theory
25. The Role of Expectations in Monetary Policy
26. Transmission Mechanisms of Monetary Policy