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The Economics of Money, Banking, and Financial Markets

by Frederic S. Mishkin

ISBN-10: 9780321014405
ISBN-10: 0-321-01440-5
ISBN-13: 9780321014405
ISBN-13: 978-0-321-01440-5
Hardcover
1997-08
Addison Wesley Publishing Company


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Reviews


buy something else
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.

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

Too thorough....
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.

good service
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!!

Pretty good book for intermediate level
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.



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