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The Economics of Money, Banking, & Financial Markets: Business School Edition - Hardcover

Mishkin, Frederic S.

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9780132479196: The Economics of Money, Banking, & Financial Markets: Business School Edition

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Synopsis

The Economics of Money, Banking, and Financial Markets set the standard for money and banking courses when it published in its first edition, and it continues to be the worldwide market leader. The historic economic events and financial crises of late 2008 have changed the entire landscape of money and banking. Having just served as Governor of the Federal Reserve, only Mishkin has the unique insider's perspective needed to present the current state of money and banking and explain the latest debates and issues for today's readers. For professors who teach with less emphasis on monetary theory and prefer to focus more time on financial institutions, the Business School Edition is the ideal alternative.Why Study Money, Banking, and Financial Markets?; An Overview of the Financial System; What Is Money? Financial Understanding Interest Rates; The Behavior of Interest Rates; The Risk and Term Structure of Interest Rates; The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis. Financial An Economic Analysis of Financial Structure; Financial Crises and the Subprime Debacle; Banking and the Management of Financial Institutions; Economic Analysis of Financial Regulation; Banking Structure and Competition; Nonbank Finance; Financial Derivatives; Conflicts of Interest in the Financial Industry. Central Banking and the Conduct of Monetary Structure of Central Banks and the Federal Reserve System; The Money Supply Process; Tools of Monetary Policy; What Should Central Banks Do? Monetary Policy Goals, Strategy, and Tactics. International Finance and Monetary The Foreign Exchange Market; The International Financial System. Monetary The Demand for Money; Aggregate Demand and Supply Analysis; Transmission Mechanisms of Monetary The Evidence; Money and Inflation.For all readers interested in money, banking, and financial markets.

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