The Economics of Money, Banking and Financial Markets (Study Insert) (Paperback)

by Frederic S. Mishkin (Author)

Editorial Reviews

Review
"[A] phantasmagoric masterpiece . . . The book left me breathless with admiration."
--BRIAN STABLEFORD
"China Mieville's cool style has conjured up a triumphantly macabre technoslip metropolis with a unique atmosphere of horror and fascination."
--PETER HAMILTON
"It is the best steampunk novel since Gibson and Sterling's."
--JOHN CLUTE

"From the Trade Paperback edition. --This text refers to an out of print or unavailable edition of this title.

Product Description
The Sixth Edition of The Economics of Money, Banking, and Financial Markets represents the most extensive revision to date of this market-leading textbook. Drawing from his service as Executive Vice President and Director of Research at the Federal Reserve Bank of New York, Mishkin provides fresh, thoroughly updated coverage of and many new insights into the monetary policy process, the operation of the Federal Reserve, the regulation and supervision of the financial system, and the internationalization of financial markets. He provides an applications-oriented perspective with numerous applications and special topic boxes that increase students' interest by showing them how to apply theory to the real world. In addition, Mishkin provides a careful, step-by-step development of models, an approach found in the best principles of economic textbooks, that makes it easier for students to learn. Over 400 end-of-chapter problems aid in reinforcing the essential chapter content. --This text refers to an out of print or unavailable edition of this title.

Product Details

• Paperback
• Publisher: Addison Wesley Longman; 7 edition (November 2003)
• Language: English
• ISBN-10: 0321246845
• ISBN-13: 978-0321246844
• Product Dimensions: 10 x 8 x 0.1 inches
• Shipping Weight: 3.2 ounces (View shipping rates and policies)
• Average Customer Review: 4.0 out of 5 stars See all reviews (23 customer reviews)
• Amazon.com Sales Rank: #3,011,234 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

11 of 11 people found the following review helpful:

4.0 out of 5 stars Pretty good book for intermediate level, July 11, 2004

By	Poh Teck Leng (Singapore, Asia) - See all my reviews

This review is from: Economics of Money, Banking, and Financial Markets, Update Edition, The (6th Edition) (Hardcover)

Design:
The book is designed well with appropriate headings and sub-headings making it smooth to read and navigate. The language used is also well understood.

Content:
This book introduces the various financial markets: bond, stock, foreign exchange and a brief discussion on derivatives. It gives a general idea and analysis behind the operating mechanisms of monetary policies, paving the way for further studies into the topics.

Its main focus is on the U.S. economy, and includes applications in the European Union and Asia as well. Small sections are devoted to real world applications, with reference to the concepts taught.

For who:
On the other hand, this book remains an introduction to monetary economies and is not for students seeking detailed analysis. Students should also have a basic background on economics in order to utilize the text to the fullest.

10 of 11 people found the following review helpful:

4.0 out of 5 stars Very good treatment of the role of money, July 15, 2002

By	"venkas72" (Schaumburg, IL United States) - See all my reviews

This review is from: Economics of Money, Banking, and Financial Markets, The (The Addison-Wesley Series in Economics) (Textbook Binding)

The author is very good in leading the reader through how money and its avaliability play an important role in determining the economy of any country.
The banking industry and its role are covered as well - starting from a historical perspective to the present day. Our class was doing a chapter on the various reforms in the banking industry when the Enron-Anderson scandal happened. We had some very though-provoking discussions in the class based on the material in the text.
While I am not a complete stranger to economics, I took home a lot of valuable information by the time I was done with this course and this text book. I only wish the publishers had included a CD ROM of real-world exercises / problems that stimulate thought on issues to consider when determining monetary policy.

8 of 9 people found the following review helpful:

4.0 out of 5 stars Perfect Introductory Book for Money and Bank Theory, April 8, 2000

By	Enrique Fernandez (Santo Domingo, Dominican Republic) - See all my reviews

This review is from: The Economics of Money, Banking, and Financial Markets (Hardcover)

Perfect for an introductory course in Banking and Monetary Theory. Requires a preview of basic economics to really get the most benefits. Undergraduate students would surely appreciate it.