Gain a strong foundation in the principles of economics and learn to apply them successfully in real-life scenarios. Economics of Money, Banking and Financial Markets, 13th edition, Global Edition, by Frederic S. Mishkin, brings a fresh perspective to the major questions surrounding financial policy. Drawing on his experience as former Governor of the Federal Reserve, Mishkin brings a unique viewpoint to the subject. The text guides you with helpful insights through topics covering the monetary policy process, the regulation and supervision of the financial system, and the internalisation of financial markets. The 13th edition comes packed with new examples, additional insight boxes and revised in-chapter content, making it an excellent aid for courses on money and banking or general economics. This authoritative text will ensure you are equipped with the tools to make successful decisions in both your personal and professional life. Pair this text with MyLab® Economics MyLab is the teaching and learning platform that empowers you to reach every student. Combining trusted content with digital tools, MyLab Economics personalises the learning experience and improves student results. If you would like to purchase the physical text and MyLab® Economics, search for: 9781292409603 Economics of Money, Banking and Financial Markets, Global Edition, 13th Edition plus MyLab Economics with Pearson eText. Package consists of:  9781292409481 Economics of money main title 13th Edition9781292409504 MyLab® Economics9781292409580 Economics of money 13th Edition Pearson eText MyLab®Economics is not included. If MyLab is a recommended component of the course, ask your instructor for the correct ISBN. MyLab should only be purchased when required. Instructors, contact your Pearson representative for more information. This title is a Pearson Global Edition. The Editorial team has worked with educators around the world to include content relevant to students outside the United States.
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Teach your students the principles of economics and give them a practical foundation The Economics of Money, Banking and Financial Markets, 13th edition, teaches your students basic economic principles and shows them how to apply them in their professional and personal lives with a flexible teaching structure. This title is available with MyLab®.
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Brief Contents PART I: Introduction Why Study Money, Banking, and Financial Markets?An Overview of the Financial SystemWhat Is Money? PART II: Financial Markets The Meaning of Interest RatesThe Behavior of Interest RatesThe Risk and Term Structure of Interest RatesThe Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis PART III: Financial Institutions An Economic Analysis of Financial StructureBanking and the Management of Financial InstitutionsEconomic Analysis of Financial RegulationBanking Industry: Structure and CompetitionFinancial Crises in Advanced EconomiesFinancial Crises in Emerging Market Economies PART IV: Central Banking And The Conduct Of Monetary Policy Central BanksThe Money Supply ProcessTools of Monetary PolicyThe Conduct of Monetary Policy: Strategy and Tactics PART V: International Finance and Monetary Policy The Foreign Exchange MarketThe International Financial System PART VI: Monetary Theory Quantity Theory, Inflation, and the Demand for MoneyThe IS CurveThe Monetary Policy and Aggregate Demand CurvesAggregate Demand and Supply AnalysisMonetary Policy TheoryThe Role of Expectations in Monetary PolicyTransmission Mechanisms of Monetary Policy Additional Chapters in Pearson Pearson Mylab Economics Nonbank FinanceFinancial DerivativesConflicts of Interest in the Financial Services Industry
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Hallmark features of this title A structure that facilitates effective teaching and learning. A unifying, analytical framework enables students to analyse the structure of financial markets.A flexible and modular design meets the diverse needs of instructors, meaning chapters, or sections of chapters, can be used or omitted according to instructor preferences. Learner resources help your students retain the material. Graphs and Mini-Lecture Videos with detailed captions help students grasp the interrelationships among the plotted variables and the principles of analysis.More than 50 Applications show how the analysis presented can be used to explain many important real-world situations.More than 600 end-of-chapter exercises help students apply economic concepts.
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New and updated features of this title Timely coverage of important economic events. Compelling new material on the coronavirus pandemic has been added to many parts of the book, showing the importance of banks, financial markets, and monetary policy to the health of the economy. Highlights include:A new application on the stock market crash of 2020 and the likelihood that the pandemic could lead to another financial crisis (Chapter 12).A new application on the effects of quantitative easing on the money supply during the pandemic.An update to the section on nonconventional monetary policy tools and quantitative easing. Coverage of other new developments in the field keep the text current and relevant. A new application on the effects of the Trump tax cuts on bond interest rates.A new Global box on the variation in central banks' activism and the method of intervention on foreign exchange markets. In addition, Chapters 18 and 19 have been heavily updated to include new running examples.A new FYI box on Modern Monetary Theory discusses this new theory that argues that the Green New Deal can be easily paid for by having the Federal Reserve buy government bonds to fund the resulting large budget deficits.
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Produktdetaljer

ISBN
9781292409481
Publisert
2021-08-24
Utgave
13. utgave
Utgiver
Vendor
Pearson Education Limited
Vekt
1200 gr
Høyde
254 mm
Bredde
203 mm
Dybde
34 mm
Aldersnivå
U, 05
Språk
Product language
Engelsk
Format
Product format
Heftet
Antall sider
720

Biographical note

Frederic S. Mishkin is the Alfred Lerner Professor of Banking and Financial Institutions at the Graduate School of Business, Columbia University. He is also a Research Associate at the National Bureau of Economic Research, co-director of the US Monetary Policy Forum, a member of the Squam Lake Working Group on Financial Reform, and past president of the Eastern Economics Association.

Professor Mishkin's research focuses on monetary policy and its impact on financial markets and the aggregate economy. He is the author of more than twenty books and has published more than 200 articles in prominent journals. Mishkin is currently an associate editor (member of the editorial board) at six academic journals.