Economics of Money, Banking, and Financial Markets, 10th Edition Author: Amazon Prime Sign in to turn on 1-Click ordering | Language: English | ISBN:
0132770245 | Format: PDF
Economics of Money, Banking, and Financial Markets, 10th Edition Description
The historic economic events and financial crises of late 2008 have changed the entire landscape of money and banking. Having just served as Governor of the Federal Reserve, only Mishkin has the unique insider's perspective needed to present the current state of money and banking and explain the latest debates and issues for today’s students.
By applying a unified analytical framework to the models, The Economics of Money, Banking, and Financial Markets makes theory intuitive for students, and the rich array of current, real-world events keeps students motivated. Authoritative, comprehensive, and flexible, the text is easy to integrate into a wide variety of syllabi, and its ancillaries provide complete support when teaching the course.
- Hardcover: 720 pages
- Publisher: Prentice Hall; 10 edition (January 16, 2012)
- Language: English
- ISBN-10: 0132770245
- ISBN-13: 978-0132770248
- Product Dimensions: 10.1 x 8.2 x 1.2 inches
- Shipping Weight: 2.8 pounds (View shipping rates and policies)
This is a good textbook that really helped me gain a good understanding of monetary policy. It covers current topics such as inflation targeting, the Taylor principle, sterilized currency intervention and the zero lower bound. The book also covered supply and demand for investments and what factors cause supply and demand to increase and decrease.
I feel like I have a good grasp of what is going on currently inside the Fed. Bernanke is using inflation targeting and Mishkin is a proponent of the tactic. It also covered quantitative easing and the time preference theory of bond investment. I think I have a good grasp of the topic. Several chapters have appendices that are available for free online. Reading through those was an extra bonus when it came to test time.
The book did have a couple of errors. Sometimes it would be a slight grammar error or a slight math error. Sometimes it would say something that was completely the opposite of what it said in the next sentence. Fortunately there was enough content that I was able to work through these but to notice an error every 50 pages or so was grating. A book in its tenth edition should not have these issues.
Because I found this book to be a great supplement to my macroeconomic studies I'll rate it highly. For the crazy prices that publishers charge for textbooks, this book deserves another rundown from the editors.
By Amazon Customer
I'm an economics major in college, and, having a particular interest in the Federal Reserve and the macroeconomy at large, I took a class called "Money and Banking"; this is the textbook for that class. I really like this text. It's somewhat simple for an economics textbook, but it explains things clearly and pretty completely. It's really interesting, and I definitely recommend it.
By G. Bunker
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