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Addison-Wesley / Prentice Hall

Economics

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Economics of Money, Banking and Financial Markets plus MyEconLab plus eBook 1-semester Student Access Kit, Alternate Edition, The
Frederic S. MishkinColumbia University

ISBN-10: 0321427807
ISBN-13:  9780321427809

Publisher:  Prentice Hall
Copyright:  2007
Format:  Cloth Package
Published:  07/14/2006
Status: Instock



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.



This product accompanies:
Mishkin,  Economics of Money, Banking, and Financial Markets plus MyEconLab Student Access Kit, 2/E

  • ENGINEERED FOR SUCCESS! A unifying, analytic framework uses a few basic economic principles to organize students' thinking.
  • FLEXIBILITY, a core set of chapters provides a basic framework for learning and analysis, while allowing instructors to choose among the remaining chapters to suit the focus of their course.
  • NEW INSIGHTS on the monetary policy process, the regulation and supervision of the financial system, and internationalization of financial markets.
  • “INSIDE THE FED” Boxes reflect Mishkin's experience at the Federal Reserve and give students a feel for what is important in the operation and structure of the Federal Reserve System.
  • WINNING PEDAGOGY: Includes “Following the Financial News” boxes, “Global” boxes, “FYI” boxes, “e-Finance” boxes, “Inside the Fed” boxes, “Conflicts of Interest” boxes, Applications, Solutions to Problems, Chapter Previews, Summary Tables, Key Statements, Graphs, Summaries, Key Terms, “Reading the Wall Street Journal Applications,” End-of-Chapter Problems, and a Glossary.
  • MyEconLab: An enhanced version of MyEconLab, the online homework and tutorial resource, is tightly integrated with this Alternate Edition. Groundbreaking graphing technology grades the graphs students draw and individualized Study Plans help students focus their study time while linking them to additional learning resources. Students who purchase a new copy of The Economics of Money, Banking, and Financial Markets, Alternate Edition get prepaid access to MyEconLab. Students can also purchase access at a reasonable cost online. For more information, visit www.myeconlab.com/mishkin

  • This Alternate Eighth Edition achieves balanced, business-focused coverage through:
      • A full chapter on nonbank finance
      • A full chapter on financial derivatives
      • Thorough coverage of conflicts of interest, including a complete chapter dedicated to this important issue
      • Less emphasis on monetary theory
  • New material on financial markets and institutions. Discussion of the yield curve as a forecasting tool for inflation and the business cycle in Chapter 5, The Behavior of Interest Rates, and a new section on the new field of behavioral finance, which applies concepts from other social sciences like anthropology, sociology, and particularly, psychology to understand the behavior of securities prices in Chapter 7, The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis.
  • New coverage of Conflicts of Interests.  Conflicts of Interestsare a growing concern for all those who work and interact with financial institutions. To address this concern a new Chapter 14, Conflicts of Interest in the Financial Industry, discusses what conflicts there are and why we should care. In addition, new Conflicts of Interest boxes, added throughout the text, prompt students to consider the impact and implications of possible conflicts of interest. 
  • Enhanced Coverage of the European Central Bank.  Because of the growing interest in the ECB which now conducts monetary policy for a population that exceeds that in the United States, coverage of the structure and independence of the ECB as been added to Chapter 15; monetary policy tools of the ECB has been added to Chapter 18; and a discussion of the ECB’s monetary policy strategy has been added to Chapter 19.
  • Simplified Discussion of Foreign Exchange. Chapter 19, The Foreign Exchange Market, now describes how exchange rates are determined using a supply and demand framework based on an asset market approach–a framework students find far easier to grasp than the current interest parity model.
  • Increased Coverage of China.  The growing importance of China in the world economy is reflected in the text with the addition of several discussions, including whether the example of China is an argument against the importance of financial development in Chapter 8, the problems in the Chinese banking industry in Chapter 11, and how China has become one of the largest holders of US Treasury securities in Chapter 18.
  • New Material on Monetary Theory and Policy.  Drawing on his continued involvement with central banks, Mishkin has added current monetary theory and policy discussions, including a new section discussing whether price stability should be the primary goal of monetary policy and whether hierarchical or dual mandates are better for central banks in Chapter 15, an examination of the declining importance of reserve requirements in the money supply process in Chapter 18, and an application of the impact of negative demand shocks on the US economy from 2001 to 2004 in Chapter 23.
  • Graphing Help for Students. Graphing help comes in the form of links to MyEconLab, where students will find animated graphs and three types of online graphing exercises that offer unlimited, supported practice. Time spent with Model-based, Data, and Draw graphs helps students become more comfortable in this essential skill, and MyEconLab grades every graph–even the ones they draw.

Part I Introduction

1. Why Study Money, Banking, and Financial Markets?

2. An Overview of the Financial System

3. What Is Money?

 

Part II Financial Markets

4. Understanding Interest Rates

5. The Behavior of Interest Rates

6. The Risk and Term Structure of Interest Rates

7. The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis

 

Part III Financial Institutions

8. An Economic Analysis of Financial Structure

9. Banking and the Management of Financial Institutions

10. Banking Industry: Structure and Competition

11. Economic Analysis of Banking Regulation

12. Nonbank Finance

13. Financial Derivatives

14. Conflicts of Interest in the Financial Industry

 

Part IV Central Banking and the Conduct of Monetary Policy

15. Structure of Central Banks and the Federal Reserve System

16. Multiple Deposit Creation and the Money Supply Process

17. Determinants of the Money Supply

18. Tools of Monetary Policy

19. What Should Central Banks Do? Monetary Policy Goals, Strategy and Tactics

 

Part V International Finance and Monetary Policy

20. The Foreign Exchange Market

21. The International Financial System

 

Part VI Monetary Policy

22. The Demand for Money

23. Aggregate Demand and Supply Analysis

24. Transmission Mechanisms of Monetary Policy: The Evidence

25. Money and Inflation

MyEconLab CourseCompass with E-Book 1-semester Student Access Kit (standalone)
Addison-Wesley
©2010 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0321578708 | ISBN-13: 9780321578709


MyEconLab Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0136124720 | ISBN-13: 9780136124726


MyEconLab for MyLabsPlus 1 Semester Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124771 | ISBN-13: 9780136124771


MyEconLab for WebCT Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124860 | ISBN-13: 9780136124863


MyEconLab for WebCT Student Access Code Card (for valuepacks)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124887 | ISBN-13: 9780136124887


MyEconLab for eCollege Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124828 | ISBN-13: 9780136124825


MyEconLab with E-Book 1-semester Student Access Kit (Standalone)
Addison-Wesley
©2010 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0321588037 | ISBN-13: 9780321588036


MyFinanceLab for eCollege Student Access Code Card (for valuepacks)
Pearson
©2010 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124305 | ISBN-13: 9780136124306


MyEconLab Course for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Website | Instock
ISBN-10: 0321484975 | ISBN-13: 9780321484970
Online purchase price: $80.00


MyEconLab Homework for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Website | Instock
ISBN-10: 0321456262 | ISBN-13: 9780321456267
Online purchase price: $45.00


MyEconLab in CourseCompass Course for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321424182 | ISBN-13: 9780321424181
Online purchase price: $80.00
Availability: Now! | Student Access Type: Access Code Required
Request Content       Take a Tour


MyEconLab in CourseCompass Homework for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321459636 | ISBN-13: 9780321459633
Online purchase price: $45.00

Availability: Now! | Student Access Type: Access Code Required
Request Content       Take a Tour


Companion Website for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321424190 | ISBN-13: 9780321424198


Blackboard Test Bank for Economics of Money, Banking and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321428994 | ISBN-13: 9780321428998
    View Downloadable Files

Companion Website for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321424190 | ISBN-13: 9780321424198


Computerized Test Bank for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Electronic Supplement | Instock
ISBN-10: 0321426169 | ISBN-13: 9780321426161
    View Downloadable Files

Instructor's Manual for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Paper | Instock
ISBN-10: 0321429028 | ISBN-13: 9780321429025
    View Downloadable Files

Instructor's Resource Disk with Instructor's Manual, Test Bank, Computerized Test Bank and PowerPoint for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | CD-ROM Only | Instock
ISBN-10: 0321426177 | ISBN-13: 9780321426178


MyEconLab Course for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Website | Instock
ISBN-10: 0321484975 | ISBN-13: 9780321484970
Online purchase price: $80.00


MyEconLab Homework for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Website | Instock
ISBN-10: 0321456262 | ISBN-13: 9780321456267
Online purchase price: $45.00


MyEconLab in CourseCompass Course for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321424182 | ISBN-13: 9780321424181
Online purchase price: $80.00
Availability: Now! | Student Access Type: Access Code Required
Request Content       Take a Tour


MyEconLab in CourseCompass Homework for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321459636 | ISBN-13: 9780321459633
Online purchase price: $45.00

Availability: Now! | Student Access Type: Access Code Required
Request Content       Take a Tour


Overhead Transparencies for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Transparency; 139 pp | Instock
ISBN-10: 0321430425 | ISBN-13: 9780321430427


PowerPoints for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Electronic Supplement | Instock
ISBN-10: 0321427793 | ISBN-13: 9780321427793
    View Downloadable Files

Test Bank for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Paper | Instock
ISBN-10: 0321430417 | ISBN-13: 9780321430410
    View Downloadable Files

Transparency Masters with Lecture Notes for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Transparency; 545 pp | Instock
ISBN-10: 0321433300 | ISBN-13: 9780321433305
    View Downloadable Files

Companion Website for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321424190 | ISBN-13: 9780321424198


MyEconLab Course for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Website | Instock
ISBN-10: 0321484975 | ISBN-13: 9780321484970
Online purchase price: $80.00


MyEconLab CourseCompass with E-Book 1-semester Student Access Kit (standalone)
Addison-Wesley
©2010 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0321578708 | ISBN-13: 9780321578709


MyEconLab Homework for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Website | Instock
ISBN-10: 0321456262 | ISBN-13: 9780321456267
Online purchase price: $45.00


MyEconLab Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0136124720 | ISBN-13: 9780136124726


MyEconLab for MyLabsPlus 1 Semester Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124771 | ISBN-13: 9780136124771


MyEconLab for WebCT Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124860 | ISBN-13: 9780136124863


MyEconLab for WebCT Student Access Code Card (for valuepacks)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124887 | ISBN-13: 9780136124887


MyEconLab for eCollege Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124828 | ISBN-13: 9780136124825


MyEconLab in CourseCompass Course for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321424182 | ISBN-13: 9780321424181
Online purchase price: $80.00

MyEconLab in CourseCompass Homework for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321459636 | ISBN-13: 9780321459633
Online purchase price: $45.00


MyEconLab with E-Book 1-semester Student Access Kit (Standalone)
Addison-Wesley
©2010 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0321588037 | ISBN-13: 9780321588036


MyFinanceLab for eCollege Student Access Code Card (for valuepacks)
Pearson
©2010 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124305 | ISBN-13: 9780136124306


Study Guide for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Paper; 496 pp | Instock
ISBN-10: 0321426150 | ISBN-13: 9780321426154


Subprime Crisis Preview Chapter for The Economics of Money, Banking, and Financial Markets, 9/E
Mishkin
©2009 | Prentice Hall | Paper | Instock
ISBN-10: 0321621379 | ISBN-13: 9780321621375


MyEconLab CourseCompass with E-Book 1-semester Student Access Kit (standalone)
Addison-Wesley
©2010 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0321578708 | ISBN-13: 9780321578709


MyEconLab Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0136124720 | ISBN-13: 9780136124726


MyEconLab for MyLabsPlus 1 Semester Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124771 | ISBN-13: 9780136124771


MyEconLab for WebCT Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124860 | ISBN-13: 9780136124863


MyEconLab for WebCT Student Access Code Card (for valuepacks)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124887 | ISBN-13: 9780136124887


MyEconLab for eCollege Student Access Code Card (Standalone)
Pearson
©2009 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124828 | ISBN-13: 9780136124825


MyEconLab with E-Book 1-semester Student Access Kit (Standalone)
Addison-Wesley
©2010 | Prentice Hall | Access Code Card | Instock
ISBN-10: 0321588037 | ISBN-13: 9780321588036


MyFinanceLab for eCollege Student Access Code Card (for valuepacks)
Pearson
©2010 | Prentice Hall | Access Code Card | Estimated Availability : 06/26/2009
ISBN-10: 0136124305 | ISBN-13: 9780136124306


MyEconLab Course for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Website | Instock
ISBN-10: 0321484975 | ISBN-13: 9780321484970
Online purchase price: $80.00


MyEconLab Homework for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | Website | Instock
ISBN-10: 0321456262 | ISBN-13: 9780321456267
Online purchase price: $45.00


MyEconLab in CourseCompass Course for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321424182 | ISBN-13: 9780321424181
Online purchase price: $80.00
Availability: Now! | Student Access Type: Access Code Required
Request Content       Take a Tour


MyEconLab in CourseCompass Homework for The Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321459636 | ISBN-13: 9780321459633
Online purchase price: $45.00

Availability: Now! | Student Access Type: Access Code Required
Request Content       Take a Tour


Companion Website for Economics of Money, Banking, and Financial Markets, Alternate Edition
Mishkin
©2007 | Prentice Hall | On-line Supplement | Instock
ISBN-10: 0321424190 | ISBN-13: 9780321424198


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  • 9780321456472
    Economics of Money, Banking and Financial Markets plus MyEconLab in CourseCompass plus eBook Student Access Kit, Alternate Edition, The
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    ©2007 | Prentice Hall | Cloth Package | Out of Stock
    ISBN-10: 0321456475 | ISBN-13: 9780321456472
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    Economics of Money, Banking and Financial Markets, Alternate Edition
    Mishkin
    ©2007 | Prentice Hall | Cloth Package; 768 pp | Instock
    ISBN-10: 0321421779 | ISBN-13: 9780321421777

  • 9780321620170
    Student Value Edition for Economics of Money, Banking, and Financial Markets, alternate edition plus MyEconLab, Economics of Money, Banking and Financial Markets Plus MyEconLab plus eBook 1-semester Student Access Kit, Alternate Edition, The
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    ©2007 | Prentice Hall | Paper Package | Estimated Availability : 07/15/2006
    ISBN-10: 0321620178 | ISBN-13: 9780321620170
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    Student Value Edition for Economics of Money, Banking, and Financial Markets, plus MyEconLab in CourseCompass, Economics of Money, Banking and Financial Markets plus MyEconLab plus eBook 1-semester Student Access Kit, Alternate Edition, The
    Mishkin
    ©2007 | Prentice Hall | Paper Package | Estimated Availability : 07/15/2006
    ISBN-10: 0321620100 | ISBN-13: 9780321620101
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  • 9780321449375
    eBook for The Economics of Money, Banking, and Financial Markets, Alternate Edition
    Mishkin
    ©2007 | Prentice Hall | Electronic Book | Instock
    ISBN-10: 0321449371 | ISBN-13: 9780321449375
    Online purchase price: $35.00
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  • Next Great Globalization for Economics of Money, Banking, and Financial Markets, The, 8/E
Mishkin | ©2008 | Prentice Hall | Paper


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  • WSJ 15 Week Subscription Card, 2/E
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Wharton Learning Lab | ©2004 | Prentice Hall | Access Code Card
  • Wall Street Journal 15 Week Sticker
Addison-Wesley | ©2006 | Prentice Hall | Paper
Addison-Wesley | ©2004 | Prentice Hall | Paper
  • WSJ 15 Week Subscription Card, 2/E
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Mishkin | ©2007 | Prentice Hall | Cloth Package
Mishkin | ©2007 | Prentice Hall | Paper; 496 pp
  • Wall Street Journal 15 Week Sticker
Addison-Wesley | ©2006 | Prentice Hall | Paper
Addison-Wesley | ©2004 | Prentice Hall | Paper
  • WSJ 15 Week Subscription Card, 2/E
Addison-Wesley | ©2008 | Prentice Hall | Paper


Package ISBN-10: 032162873X | ISBN-13: 9780321628732
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This package contains:

Mishkin | ©2007 | Prentice Hall | Cloth Package
Mishkin | ©2007 | Prentice Hall | Paper; 496 pp
Mishkin | ©2009 | Prentice Hall | Paper
  • Wall Street Journal 15 Week Sticker
Addison-Wesley | ©2006 | Prentice Hall | Paper
Addison-Wesley | ©2004 | Prentice Hall | Paper
  • WSJ 15 Week Subscription Card, 2/E
Addison-Wesley | ©2008 | Prentice Hall | Paper