Economics Of Money, Banking And Financial Markets Plus MyEconLab Plus EBook 1-semester Student Access Kit, The (8th Edition) (MyEconLab Series)

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.

Reviews:

Well I took the Financial Markets course at my university, both of my professors are very good at conveying information. Then when I read this textbook, man all the things in my head were messed up. This textbook is kind of Reviews of Money, Banking and FN Markets. It never really add more information to your brain if you have already taken couple of FN courses. I do recommend Financial Markets and Institutions by Jeff Madura or Money, Banking and Financial Markets by Stephen Cecchetti. Those guys are easier to read and follow.

This book only contains the key words from the chapters. Then half the book is blank pages for notes. Nothing else.

I received my book before expected. The condition was as it was stated- excellent. Very satisfy with supplier.

I'm a student at the University of Michigan business school and this was a book assigned for one of the introductory economics courses here. It is VERY verbose and this can be both beneficial and problematic. On one hand, this book would be really helpful for those who are weak in symbolic logic since Mishkin go to great lengths to explain everything. But some of the unnecessary extra explanations can be distracting to the point of confounding the essentials. It wouldn't hurt to trim 1/3 of the contents in each chapter.

I ordered the book right before the hurrican Katrina. So my ordered was canceled, but they contacted me right away about my order and refunded my money back. Good service!!

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.

Highly recommended for both dummies and people familiar with economics. The author presents an unbiased, unpartisan, clear introduction to numerous aspects of monetary policy, financial institutions, and financial markets. Along with factual material the author presents important and profound generalizations and principles.

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.

For once, there is an economist with a passion to teach and communicate well. Although it is supposed to be an introductory text in monetary economics, I return to it again and again to check my basic understanding of this subject.

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.

This book is being used for a Money and Banking course taught to undergraduate general business students at the University of Central Florida. The text is well-organized, concise, and informative. There are many tables and charts that summarize and/or reinforce the text. Supplemental materials, especially the study guide, are particularly helpful. The math is minimal and relies on, at most, basic algebra -something that, unfortunately, is beyond the capability of many university students these days.All that being said, the text is still way above the heads of most UCF students. But then again, they almost never study.

Gives a great overview of financial markets and emphasizes the economics behind the dynamics of the markets, though a few facts are outdated e.g. the Japanese central bank is now much more independant from the Japanese Government. But again that is a very recent development. Overall I give five stars to it.

This is an excellent book for all readers but are really weak in MATH. I will recommend his another book "The Economics of Money, Banking and Financial Markets" for stundents who dislike MATH.

The book is largely a massive theoretically discussion with little attention toward real life. Simiarly, the book is too mathmatical which precludes a general understanding of the monetary system.

I used this book for an independent study in banking. It was wonderfully written, and very easy to read. It's definitely the class of all introductory banking texts. They even use it at Harvard.