Economics of Money, Banking and Financial Markets, The, Business School Edition, 5th edition

Published by Pearson (September 18, 2020) © 2019

  • Frederic S Mishkin Columbia University

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ISBN-13: 9780136879381 (2020 update)

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The Economics of Money, Banking and Financial Markets, Business School Edition 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 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 5th Edition offers new discussions on the latest events impacting financial markets. With this information, you can make better investment decisions for yourself and the companies you'll work for.

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

  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
  6. Nonbank Finance
  7. Financial Derivatives
  8. Conflicts of Interest in the Financial Industry

PART IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY

  1. Central Banks and the Federal Reserve System
  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. Aggregate Demand and Supply Analysis
  3. Monetary Policy Theory
  4. Transmission Mechanisms of Monetary Policy

ADDITIONAL CHAPTERS ON MYLAB ECONOMICS

  1. Financial Crises in Emerging Market Economies
  2. The IS Curve
  3. The Monetary Policy and Aggregate Demand Curves
  4. The Role of Expectations in Monetary Policy
  5. The ISLM Model

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