Economics Of Money, Banking And Financial Markets, The + Mylab Economics With Pearson Etext, Global Edition
By (author) Mishkin, Frederic S
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By (author) Mishkin, Frederic S
Table of contents
PART I: INTRODUCTION 1 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 in Advanced Economies 13. Financial Crises in Emerging Market Economies PART IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY 14. Central Banks 15. The Money Supply Process 16. Tools of Monetary Policy 17. The Conduct of Monetary Policy: Strategy and Tactics PART V: INTERNATIONAL FINANCE AND MONETARY POLICY 18. The Foreign Exchange Market 19. The International Financial System PART VI: 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 CHAPTERS ON THE WEB 1. The ISLM Model 2. Nonbank Finance 3. Financial Derivatives 4. Conflicts of Interest in the Financial Services Industry
Feature
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. Enliven students’ study of money, banking, and financial markets New - Chapter 1 teaches students about career opportunities available beyond Wall Street or in a bank. New - Chapter 4 illustrates negative interest rates in countries like Japan, the United States, and Europe. New - Chapter 5 shows how the supply and demand model explains current interest rate movements. New - Chapter 12 discusses and analyzes how the financial crises that originated in the United States also impacts other advanced global economies. New - Chapter 13 discusses the crisis-stricken Mexico, Thailand, and South Korea’s external debt and highlights the same using appropriate diagrams. New - Chapter 14 highlights major banking systems around the world—the European Central Bank, the Federal Reserve, the Bank of Japan—their origins, structure, and functions. New - Chapter 18 highlights an application on Burgernomics, Big Macs, and Purchasing Power Parity, as a fun way of showing students how purchasing power parity works in practice. Updated - Global Box in Chapter 19 helps students interpret claims made about the large US current account deficit in both the media and in Congress. A unifying, analytic framework uses a few basic economic principles to organize students’ thinking about the structure of financial markets, foreign exchange markets, financial institution management, and the role of monetary policy in the economy. A no-fuss solution for instructors who want to make the most recent data a central part of their macroeconomics course. Real-time data analysis exercises not only help students better understand macroeconomics, but enable them to see the real-world relevance of their study of the topic. Flexible and modular design Core chapters provide the basic analysis used throughout the book, and other chapters or sections of chapters can be used or omitted according to instructor preferences. The internationalization of the text through marked international sections within chapters, as well as through complete separate chapters on the foreign exchange market
Table of contents
PART I: INTRODUCTION 1 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 in Advanced Economies 13. Financial Crises in Emerging Market Economies PART IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY 14. Central Banks 15. The Money Supply Process 16. Tools of Monetary Policy 17. The Conduct of Monetary Policy: Strategy and Tactics PART V: INTERNATIONAL FINANCE AND MONETARY POLICY 18. The Foreign Exchange Market 19. The International Financial System PART VI: 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 CHAPTERS ON THE WEB 1. The ISLM Model 2. Nonbank Finance 3. Financial Derivatives 4. Conflicts of Interest in the Financial Services Industry
Feature
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. Enliven students’ study of money, banking, and financial markets New - Chapter 1 teaches students about career opportunities available beyond Wall Street or in a bank. New - Chapter 4 illustrates negative interest rates in countries like Japan, the United States, and Europe. New - Chapter 5 shows how the supply and demand model explains current interest rate movements. New - Chapter 12 discusses and analyzes how the financial crises that originated in the United States also impacts other advanced global economies. New - Chapter 13 discusses the crisis-stricken Mexico, Thailand, and South Korea’s external debt and highlights the same using appropriate diagrams. New - Chapter 14 highlights major banking systems around the world—the European Central Bank, the Federal Reserve, the Bank of Japan—their origins, structure, and functions. New - Chapter 18 highlights an application on Burgernomics, Big Macs, and Purchasing Power Parity, as a fun way of showing students how purchasing power parity works in practice. Updated - Global Box in Chapter 19 helps students interpret claims made about the large US current account deficit in both the media and in Congress. A unifying, analytic framework uses a few basic economic principles to organize students’ thinking about the structure of financial markets, foreign exchange markets, financial institution management, and the role of monetary policy in the economy. A no-fuss solution for instructors who want to make the most recent data a central part of their macroeconomics course. Real-time data analysis exercises not only help students better understand macroeconomics, but enable them to see the real-world relevance of their study of the topic. Flexible and modular design Core chapters provide the basic analysis used throughout the book, and other chapters or sections of chapters can be used or omitted according to instructor preferences. The internationalization of the text through marked international sections within chapters, as well as through complete separate chapters on the foreign exchange market
