This valuepack consists of Economics of Money, Banking and Financial Markets: International Edition, 8/e by Mishkin plus MyEconLab in CourseCompass plus eBook Student Access Kit, 1/e (ISBN: 9780321454225)

Economics of Money, Banking and the Financial Markets: The International Edition, 8/e 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. MyEconLab in CourseCompass plus eBook Student Access Kit, 1/e

• 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. 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 Market Hypothesis Part 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 Part IV Central Banking and the Conduct of Monetary Policy 12. Structure of Central Banks and the Federal Reserve System 13. Multiple Deposit Creation and the Money Supply Process 14. Determinants of the Money Supply 15. Tools of Monetary Policy 16. What Should Central Banks Do? Monetary Policy Goals, Strategy and Tactics Part V International Finance and Monetary Policy 17. The Foreign Exchange Market 18. The International Financial System Part VI Monetary Policy 19. The Demand for Money 20. The ISLM Model 21. Monetary and Fiscal Policy in the ISLM Model 22. Aggregate Demand and Supply Analysis 23. Transmission Mechanisms of Monetary Policy: The Evidence 24. Money and Inflation 25. Rational Expectations: Implications for Policy