The Economics 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 and the international monetary system, is comprehensive yet flexible. The international sections within chapters are self-contained and can be omitted with little to no loss of continuity.
• To illustrate how this book can be used for courses with varying emphases, several course outlines are suggested for a semester teaching schedule. More detailed information about how the text can be used flexibly in instructors’ courses is available in the Instructor’s Manual.

The Business School Edition: Engage students using a finance-oriented approach

• New - A close-up of nonbank finance, financial derivatives, and conflicts of interest in the financial industry.
• New - Text is ideal for professors whose courses put less emphasis on monetary theory.
• New - Discussions on the financial crises in emerging market economies and the ISLM model.
• New - More than 20 appendices covering additional topics and technical material for students.
• New - Custom-designed PowerPoint lectures with feature animations of all key text figures.
• Updated/revised - Chapter 21 provides a clear presentation on the theory of purchasing power parity and why it does not fully explain exchange rates in the short run.
  

This title can be supported by MyLab Economics, an online homework and tutorial system, designed to test and build your students understanding. If you'd like to arrange a demonstration of MyLab Economics, let us know by contacting us at docent@pearson.com and we can get a Pearson representative to contact you. Visit Pearson MyLab & Mastering to find out how it can improve results by engaging students effectively with immersive content, tools, and experiences.

The economics of money, banking and financial markets plus pearson mylab economics with pearson etext, global edition, 12/e

Mishkin

ISBN: 9781292268965

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Instructor's Resource Manual for The Economics of Money, Banking and Financial Markets, Global Edition

Mishkin

ISBN: 9781292268897

Powerpoint Presentation for The Economics of Money, Banking and Financial Markets, Global Edition

Mishkin

ISBN: 9781292268934

Test Bank for The Economics of Money, Banking and Financial Markets, Global Edition

Mishkin

ISBN: 9781292268941

TestGen for The Economics of Money, Banking and Financial Markets, Global Edition

Mishkin

ISBN: 9781292268958

Companion Website for The Economics of Money, Banking and Financial Markets, Global Edition

Mishkin

ISBN: 9781292268880