In Financial Markets and Institutions, best-selling authors Mishkin and
Eakins provide a practical introduction to prepare students for today’s changing
landscape of financial markets and institutions.
A unifying framework uses a few core principles to organize students’
thinking then examines the models as real-world scenarios from a practitioner’s
perspective. By analyzing these applications, students develop the critical-thinking and
problem-solving skills necessary to respond to challenging situations in their future
careers.
Table of Contents
PART ONE INTRODUCTION
1 Why Study Financial Markets and Institutions?
2 Overview of the Financial System
PART TWO FUNDAMENTALS OF FINANCIAL MARKETS
3 What Do Interest Rates Mean and What Is Their Role in Valuation?
4 Why Do Interest Rates Change?
5 How Do Risk and Term Structure Affect Interest Rates?
6 Are Financial Markets Efficient?
PART THREE FUNDAMENTALS OF FINANCIAL INSTITUTIONS
7 Why Do Financial Institutions Exist?
8 Why Do Financial Crises Occur and Why Are They So Damaging to the Economy?
PART FOUR CENTRAL BANKING AND THE CONDUCT OF MONETARY POLICY
9 Central Banks: A Global Perspective
10 Conduct of Monetary Policy: Tools, Goals, Strategy, and Tactics
PART FIVE FINANCIAL MARKETS
11 The Money Markets
12 The Bond Market
13 The Stock Market
14 The Mortgage Markets
15 The Foreign Exchange Market
16 The International Financial System
PART SIX THE FINANCIAL INSTITUTIONS INDUSTRY
17 Banking and the Management of Financial Institutions
18 Financial Regulation
19 Banking Industry: Structure and Competition
20 The Mutual Fund Industry
21 Insurance Companies and Pension Funds
22 Investment Banks, Security Brokers and Dealers, and Venture Capital Firms
704 pages, Paperback