The Economics of Money, Banking, and Financial Markets plus MyEconLab Student Access Kit

This market-leading text provides the most authoritative, applications-rich coverage of key concepts, models, and issues in money and banking. Frederick Mishkin previously held the post of Executive Vice President and Director of Research at the Federal Reserve Bank of New York. His writing style, latest research, and discussion of policy issues keep his text at the forefront of money and banking.
Every new student textbook comes with an access kit to MyEconLab for Mishkin, an online suite of student and instructor tools built around an online version of the entire textbook.

I. INTRODUCTION.
 1. Why Study Money, Banking, and Financial Markets?
 2. An Overview of the Financial System.
 3. What Is Money?
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 Markets Hypothesis.
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.
IV. CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY.
14. Structure of Central Banks and the Federal Reserve System.
15. Multiple Deposit Creation and the Money Supply Process.
16. Determinants of the Money Supply.
17. Tools of Monetary Policy.
18. Conduct of Monetary Policy: Goals and Targets.
V. INTERNATIONAL FINANCE AND MONETARY POLICY.
19. The Foreign Exchange Market.
20. The International Financial System.
21. Monetary Policy Strategy: The International Experience.
VI. MONETARY THEORY.
22. The Demand for Money.
23. The Keynesian Framework and the ISLM Model.
24. Monetary and Fiscal Policy in the ISLM Model.
25. Aggregate Demand and Supply Analysis.
26. Transmission Mechanisms of Monetary Policy: The Evidence.
27. Money and Inflation.
28. Rational Expectations: Implications for Policy.