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Title: Economics of Money, Banking, and Financial Markets, Update Edition, The (6th Edition) by Frederic S. Mishkin ISBN: 0-321-11362-4 Publisher: Pearson Addison Wesley Pub. Date: 02 July, 2002 Format: Hardcover Volumes: 1 List Price(USD): $121.67

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Average Customer Rating: 4.33 (9 reviews)

Rating: 5
Summary: Wonderful and accessible book
Comment: Highly recommended for both dummies and people familiar with economics. The author presents an unbiased, unpartisan, clear introduction to numerous aspects of monetary policy, financial institutions, and financial markets. Along with factual material the author presents important and profound generalizations and principles.

Rating: 4
Summary: Very good treatment of the role of money
Comment: The author is very good in leading the reader through how money and its avaliability play an important role in determining the economy of any country.
The banking industry and its role are covered as well - starting from a historical perspective to the present day. Our class was doing a chapter on the various reforms in the banking industry when the Enron-Anderson scandal happened. We had some very though-provoking discussions in the class based on the material in the text.
While I am not a complete stranger to economics, I took home a lot of valuable information by the time I was done with this course and this text book. I only wish the publishers had included a CD ROM of real-world exercises / problems that stimulate thought on issues to consider when determining monetary policy.

Rating: 5
Summary: Excellent textbook on monetary economics
Comment: For once, there is an economist with a passion to teach and communicate well. Although it is supposed to be an introductory text in monetary economics, I return to it again and again to check my basic understanding of this subject.

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