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Financial Markets and Institutions, 9th edition

  • Frederic S Mishkin
  • , Stanley Eakins

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This print textbook is available for students to rent for their classes. The Pearson print rental program provides students with affordable access to learning materials, so they come to class ready to succeed.

For courses in financial markets.

Real-world applications help students navigate the shifting financial landscape
Financial Markets and Institutions takes a practical approach to the changing landscape of financial markets and institutions. Best-selling authors Frederic S. Mishkin and Stanley G. Eakins use core principles to introduce students to topics, then examine these models with real-world scenarios. Empirical applications of themes help students develop essential critical-thinking and problem-solving skills, preparing them for future careers in business and finance. The 9th Edition combines the latest, most relevant information and policies with the authors’ hallmark pedagogy to give instructors a refined tool to improve the learning experience.

Financial Markets and Institutions is also available via Revel™, an interactive learning environment that enables students to read, practice, and study in one continuous experience. Learn more.

Published by Pearson (July 14th 2021) - Copyright © 2018

ISBN-13: 9780137554508

Subject: Finance

Category: Financial Markets & Institutions

Brief Contents

PART I: INTRODUCTION

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

PART II: 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 III: 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 IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY

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

PART V: FINANCIAL MARKETS

  1. The Money Markets
  2. The Bond Market
  3. The Stock Market
  4. The Mortgage Markets
  5. The Foreign Exchange Market
    • Appendix: The Interest Parity Condition
  6. The International Financial System

PART VI: 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 VII: THE MANAGEMENT OF FINANCIAL INSTITUTIONS

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

CONTENTS ON THE WEB

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