Economics of Money, Banking and Financial Markets, Alternate Edition: United States Edition - Hardcover

Mishkin, Frederic S.

Hardcover

ISBN 10: 0321421779 ISBN 13: 9780321421777

Publisher: Prentice Hall, 2006

Synopsis

Economics of Money, Banking, and Financial Markets heralded a dramatic shift in the teaching of the money and banking course in its first edition, and today it is still setting the standard. By applying an analytical framework to the patient, stepped-out development of models, Frederic Mishkin draws students into a deeper understanding of modern monetary theory, banking, and policy. His landmark combination of common sense applications with current, real-world events provides authoritative, comprehensive coverage in an informal tone students appreciate. Mishkin’s previous post as Executive Vice President and Director of Research at the Federal Reserve Bank of New York lends an insiders-view that helps to demystify this key institution for students.

This Alternate Edition of The Economics of Money, Banking, and Financial Markets is the ideal choice for courses with limited emphasis on monetary theory―due to a prerequisite course in intermediate macroeconomics or a business school focus.

 

This text comes packaged with an access kit for the new easy-to-use format of MyEconLab, which requires no set-up by the professor. With this, students can access practice problems for each chapter in the book, graphing questions, learning resources, and live tutoring. Professors who plan to use advanced course management online should order the book with MyEconLab in CourseCompass. View ‘Alternate Versions’ of this book on the web catalog page, or contact your local representative for details.

About this title

From the Back Cover

“Essential reading for anyone wanting in-depth knowledge of the way financial systems operate around the world, particularly in Europe.” Dr Sugata Ghosh, Brunel University

 

“This book is very comprehensive, clear and student friendly.” Sima Motamen-Samadian, University of Westminster

 

The third edition of The Economics of Money, Banking and Finance is written to meet the needs of students requiring a rigorous grounding in financial economics theory, combined with institutional and policy discussion relevant to the ‘real world’ of contemporary Europe.

 

Key Features

·        Exercises and end-of-chapter questions encourage students to take a genuine interest in financial markets and to develop the skills needed to understand new developments.

·        Includes extensive use of up-to-date examples, explains how to use relevant tables from the Financial Times and indicates many sources of information on the Internet.

·        Separate chapters deal with the financial systems in the UK, the USA, Germany, France, Italy and the Nordic countries.

·        ‘More from the web’ allows students to expand their knowledge and areas of interest.

 

New to this edition

·        Coverage of current issues such as the transparency of monetary policy and the psychological analysis of behaviour in financial markets.

·        Strengthened material on banking and monetary economics.

·        Increased emphasis on the integration of international financial markets, especially within Europe.

·        Redesigned to aid and improve navigation.

 

Assuming a basic grounding in economic principles, The Economics of Money, Banking and Finance is suitable for a range of one and two semester courses at the undergraduate level and appeals to financial services students as well as students of economics.

 

Peter Howells is reader in Economics at the University of the West of England, specialising in monetary and financial economics.

 

Keith Bain is formerly of the University of East London where he specialised in monetary economics and macroeconomic policy.

 

Hans-Michael Trautwein, Professor of International Economics at the Carl von Ossietzky University of Oldenburg in Germany, and Murray Glickman, Principal Lecturer in the East London Business School, University of East London, have also contributed to this edition.

 

 

 

 

About the Author

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, and from September 2006 to August 2008 was a member (governor) of the Board of Governors of the Federal Reserve System. He has also been a Senior Fellow at the FDIC Center for Banking Research, and past President of the Eastern Economic Association. Since receiving his PhD from the Massachusetts Institute of Technology in 1976, he has taught at the University of Chicago, Northwestern University, Princeton University, and University Columbia. He has also received an honorary professorship from the Peoples (Renmin) University of China. From 1994 to 1997 he was Executive Vice President and Director of Research at the Federal Reserve Bank of New York and an associate economist of the Federal Open Market Committee of the Federal Reserve System.

Edition details

• Publisher: Prentice Hall
• Publication date: 2006
• ISBN 10: 0321421779
• ISBN 13: 9780321421777
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 768