In its 26 chapters, the textbook covers a wide array of money and banking topics, as well as macroeconomics topics with monetary policy applications. Money and Banking: Made Simple provides a sound coverage of monetary theory, policies, and institutions within a mixed economy. The book describes the . Books shelved as money-and-banking: The Economics of Money, Banking, and Financial Markets by Frederic S. Mishkin, The Banking Panics of the Great.
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The economics of money, banking and financial markets / Frederic S. Mishkin, Apostolos Serletis. 4th Canadian ed. Includes bibliographical references and. This book is designed to help you internalize the basics of money and banking. Describe how ignorance of the principles of money and banking has injured. This is a comprehensive overview of the role that money and banking play in global economies. As a textbook, its primary emphasis is on explaining basic.
In its 26 chapters, the textbook covers a wide array of money and banking topics, as well as macroeconomics topics with monetary policy applications. The treatment of the subjects is clear, easy to follow and relevant with applied examples. No index or glossary was provided with the version that was reviewed.
The theories discussed in the textbook are up-to-date, and will stand the test of time for a while. However, some of the data will need to be updated. I'm reviewing this book in , and many of the graphs have data until The author uses a story-telling format that is easy to read and accessible to both beginners and advanced learners.
The book has many examples that students might be able to relate to due to personal experience.
All chapters are using the same format. The terminology and concepts are used consistently throughout the text. While the textbook covers a variety of topics, it is easily divisible into smaller sections. Each chapter is divided into several topics, and each sub-chapter is clearly organized around a single topic, while still easily integrating within the larger subject matter of each chapter.
During a regular semester I am usually unable to cover an entire textbook, and I select some chapters to cover first, with a couple of chapters as "maybe", if we still have time at the end of the semester. This textbook can be easily organized in such a way. The topics in the text are presented in a logical and clear fashion. All chapters are organized in the same format, making the text easy to read and follow.
The text is free of any interface issues. However, I encountered a couple of images that were unclear - on page , I could only read the names of the countries, but not the text in each box even after zooming in; the table on page seems to not be visible in its entirety. Another thing that would make the book easier to navigate would be a table of contents with hyperlinks to each chapter. I could not find any grammar errors.
However, I found some typos - in a few instances, it seems that the space between the words is missing, likethis.
The book provides a comprehensive yet approachable coverage of several monetary policy issues. The format of the book make it versatile to several uses - as a standalone text in money and banking classes, or as supplementary reading in introductory or intermediary macroeconomics classes. This book is fantastic in terms of the breadth of finance, money and banking topics. I have found that most money and banking texts have some of the topics I want to cover in my classes, but I have seen very few that contain all of the material I I have found that most money and banking texts have some of the topics I want to cover in my classes, but I have seen very few that contain all of the material I am looking for in one, easily digestible textbook.
With 26 chapters covering everything from how money and banking applies to our everyday lives, to the theory of rational expectations and its implications for monetary policy, this book is so comprehensive I can easily see myself using it in several different finance classes as well as in various economics courses.
However, some of the hyperlinks to outside resources are no longer working. I was very excited to see all of the hyperlinks to external content new stories, other texts, etc , but as mentioned above, quite a few of the hyperlinks are no longer working. Depending on the link this could be a relatively easy fix, but some of these sources may no longer exist and may need to be removed.
While not particularly difficult, if the text refers to the content referenced by the link, portions of the text will need to be rewritten if the links are removed.
This was a very critical and important as well as controversial component of the Federal Reserve's response the Financial Crisis, so it should have been included in the text or added in an update.
Overall the text is written in a very accessible manner without sacrificing academic rigor. Concepts are explained fully but in such a way that students from a variety of backgrounds should be able to understand the content. As another reviewer mentioned, a glossary or index at the end of the text would be very useful for helping to navigate the text and find definitions of key terms quickly.
Despite the amount of material, this text is very well organized. The content is broken up into manageable chunks with very clear learning objectives stated at the beginning and key takeaways at the end of each section. This format makes a big difference in terms of helping the reader stay oriented so they do not get lost in the world of financial jargon and concepts. I particularly liked how each chapter was organized with so many additional resources and references.
I particularly like the clear chapter objectives, followed by learning objectives for each sub-section. The "suggested reading" at the end of each chapter, as well as the "stop and think" boxes make the text very approachable for students and give the instructor a lot of great ideas for incorporating outside content and examples into the class.
The order in which the topics are presented is also very good with progression between concepts fluid and intuitive, but hyperlinks referring to other parts of the text make it very easy for an instructor to teach the topics in an order that suits their individual class structure without the worry of having students end up "lost in the text. The interface of the book is very easy to navigate. Content displays as expected and does not seem to be affected by the format I reviewed both the web interface as well as the downloaded PDF version.
One thing that would make navigation easier would be to add hyperlinks from the table of contents to the chapters in the downloadable PDF version. This feature is available when viewing on the web, but did not appear as an option once I downloaded the PDF.
As expected from an academic text, there are no insensitive or offensive references in the text. Additionally, the information is easy to understand regardless of cultural background and can easily be used in diverse classes with little to no adaptation. Overall I think this is a solid, well written text that contains a lot of relevant and useful information.
The world of finance can be intimidating and the author does a wonderful job of helping make the subject matter approachable and interesting, particularly with the use of humor and clever chapter titles. I intend to use this text in several of my own classes that range from introductory up to intermediate level classes.
This is a good textbook that covers a wide range of topics in the economic analysis theory and application. The book consists of 24 chapters that cover current topics related such as Interest Rates, Inflation, Rate of Return, Future and Current The chapters include a good examples to be used in the classroom to explain the topic. The exercises at the end of each topic are extremely helpful and can be used as homework assignments.
I have reviewed several examples given in the book and I found that the book is accurate and contains no errors. The content and the topics in the book is very good for introductory and intermediate economy classes. The examples provided are current and up-to-date. As any textbook, it is recommended changing and updating the content at least once every five years to include more relevant examples and case studies.
The book is written in a way that students can easily understand the content without difficulties.
I also like the funny style e. This creativity in writing will keep students more engaged with the book content. The examples are clear and short to the point. The textbook is consistent in terminology and framework. The terms use in each chapter are consistent across the chapters. It is recommended to include a section e. The examples provided in each chapter can be used by instructors to explain the topic in each chapter and to measure the achievements of specific objectives.
Rothbard died in , leaving many people to wish that he had written a historical treatise on this topic.
But the the archives assisted: In the course of his career, meanwhile, he had published other pieces along the same lines, but they appeared in venues not readily accessible.
Given the desperate need for a single volume that covers the topic, the Mises Institute put together this thrilling book. So seamless is the style and argument, and comprehensive is coverage, that it might as well have been written in exactly the format.
Rothbard employs the Misesian approach to economic history consistently and dazzlingly throughout the volume to unravel the causes and consequences of events and institutions ranging over the course of U. One of the important benefits of Rothbard's unique approach is that it naturally leads to an account of the development of the U. One will learn much more about monetary history from reading this exciting story than from poring over reams of statistical analysis.
View the discussion thread. Skip to main content. Free Downloads: Listen to Audio Book. download Now from Mises Store. Paper money, loose credit, reckless lending standards, government profligacy, and central banking When will we learn? When people understand the cause and effect in the history of these repeating calamities In a complete revision of the standard account, Rothbard traces inflations, banking panics, and money meltdowns from the Colonial Period through the midth century to show how government's systematic war on sound money is the hidden force behind nearly all major economic calamities in American history.