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Gain a strong foundation in the principles of economics and learn to apply them successfully in real-life scenarios.

Economics of Money, Banking and Financial Markets, 13th edition, Global Edition, by Frederic S. Mishkin, brings a fresh perspective to the major questions surrounding financial policy. Drawing on his experience as former Governor of the Federal Reserve, Mishkin brings a unique viewpoint to the subject. The text guides you with helpful insights through topics covering the monetary policy process, the regulation and supervision of the financial system, and the internalisation of financial markets.

The 13th edition comes packed with new examples, additional insight boxes and revised in-chapter content, making it an excellent aid for courses on money and banking or general economics.

This authoritative text will ensure you are equipped with the tools to make successful decisions in both your personal and professional life.

Pair this text with MyLab^® Economics

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• 9781292409481 Economics of money main title 13^th Edition
• 9781292409504 MyLab^® Economics
• 9781292409580 Economics of money 13^th Edition Pearson eText

MyLab^®Economics is not included. If MyLab is a recommended component of the course, ask your instructor for the correct ISBN. MyLab should only be purchased when required. Instructors, contact your Pearson representative for more information.

This title is a Pearson Global Edition. The Editorial team has worked with educators around the world to include content relevant to students outside the United States.

Economics of Money, Banking and Financial Markets, The, Global Edition

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. The Meaning of 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 EfficientMarket Hypothesis  

PART III: FINANCIAL INSTITUTIONS�
8. An Economic Analysis of Financial Structure
9. Banking and the Management of Financial Institutions
10. Economic Analysis of Financial Regulation
11. Banking Industry: Structure and Competition
12. Financial Crises in Advanced Economies

13. Financial Crises in Emerging Market Economies  

PART IV: CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY â€?
14. Central Banks
15. The Money Supply Process
16. Tools of Monetary Policy
17. The Conduct of Monetary Policy: Strategy and Tactics  

PART V: INTERNATIONAL FINANCE AND MONETARY POLICY
18. The Foreign Exchange Market
19. The International Financial System  

PART VI: MONETARY THEORY�
20. Quantity Theory, Inflation, and the Demand for Money
21. The IS Curve
22. The Monetary Policy and Aggregate Demand Curves
23. Aggregate Demand and Supply Analysis
24. Monetary Policy Theory
25. The Role of Expectations in Monetary Policy
26. Transmission Mechanisms of Monetary Policy  

ADDITIONAL CHAPTERS IN PEARSON PEARSON MYLAB ECONOMICS
1. Nonbank Finance
2. Financial Derivatives
3. Conflicts of Interest in the Financial Services Industry