Financial Markets and Institutions, 8/e
In Financial Markets and Institutions, bestselling authors Frederic S. Mushin and Stanley G. Eakins provide a practical introduction to prepare students for today’s changing landscape of financial markets and institutions. A unifying framework uses core principles to organize students’ thinking then examines the models as real-world scenarios from a practitioner’s perspective. By analysing these applications, students develop the critical-thinking and problem-solving skills necessary to respond to challenging situations in their future careers. Although this text has undergone a major revision, the Eighth Edition retains Mushin/Eakins’ hallmark pedagogy that make it the best-selling textbook on financial markets and institutions.
Key Features :
- Chapter Previews at the beginning of each chapter tell students where the chapter is heading, why specific topics are important, and how they relate to other topics in the book.
- Numerical Examples guide students through solutions to financial problems using formulas, time lines, and calculator key strokes.
- Summary Tables are useful study aids for reviewing material.
- Key Statements are important points that are set in boldface type so that students can easily find them for later reference.
- Graphs with captions, numbering over 60, help students understand the interrelationship of the variables plotted and the principles of analysis.
- Summaries at the end of each chapter list the chapter’s main points.
- Key Terms are important words or phrases that appear in boldface type when they are defined for the first time and are listed at the end of each chapter.
- End-of-Chapter Questions help students learn the subject matter by applying economic concepts, and feature a special class of questions that students find Particularly relevant, titled “Predicting the Future.
Table of Contents
I. Introduction
- Why Study Financial Markets and Institutions?
- Overview of the Financial System
II. Fundamentals of Financial Markets
- What Do Interest Rates Mean and What Is Their Role in Valuation?
- Why Do Interest Rates Change?
- How Do Risk and Term Structure Affect Interest Rates?
- Are Financial Markets Efficient?
III. Fundamentals of Financial Institutions
- Why Do Financial Institutions Exist?
- Why Do Financial Crises Occur and Why Are They So Damaging to the Economy?
IV. Central Banking and the Conduct of Monetary Policy
- Central Banks and the Federal Reserve System
- Conduct of Monetary Policy: Tools, Goals, Strategy, and Tactics
V. Financial Markets
- The Money Markets
- The Bond Market
- The Stock Market
- The Mortgage Markets
- The Foreign Exchange Market
- The International Financial System
VI. The Financial Institutions Industry
- Banking and the Management of Financial Institutions
- Financial Regulation
- Banking Industry: Structure and Competition
- The Mutual Fund Industry
- Insurance Companies and Pension Funds
- Investment Banks, Security Brokers and Dealers, and Venture Capital Firms
VII. The Management of Financial Institutions
- Risk Management in Financial Institutions
- Hedging with Financial Derivatives Glossary Index.
| Book | |
|---|---|
| Author | Mishkin |
| Pages | 704 |
| Year | 2017 |
| ISBN | 9789332585522 |
| Publisher | Pearson |
| Language | English |
| Uncategorized | |
| Edition | 8/e |
| Weight | 980 g |
| Dimensions | 20.3 x 25.4 x 4.7 cm |
| Binding | Paperback |