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the Business School Edition: A More Finance-Oriented Approach I am pleased to continue providing two versions of The Economics of Money, Banking, and Financial Markets. While both versions contain the core chapters that all professors want to cover, The Economics of Money, Banking, and Financial Markets, Business School Edition, presents a more finance-oriented approach—an approach more commonly taught in business schools, but also one that some professors in economics departments prefer when teaching their money and banking courses. The Business School Edition includes chapters on nonbank finance, financial derivatives, and conflicts of interest in the financial industry. The Business School Edition omits the chapters on the IS curve and the monetary policy and aggregate demand curves, as well as the chapter on the role of expectations in monetary policy. The Economics of Money, Banking, and Financial Markets, Business School Edition, will more closely fit the needs of those professors whose courses put less emphasis on monetary theory.
For professors who desire a comprehensive discussion of monetary theory and monetary policy, The Economics of Money, Banking, and Financial Markets, Eleventh Edition, contains all of the chapters on monetary theory. Professors who do want this coverage are often hard-pressed to cover all of the finance and institutions chapters. To that end, the Eleventh Edition omits the chapters on nonbank finance, financial derivatives, and conflicts of interest. The Companion Website at http://www.pearsonhighered .com/mishkin provides the omitted chapters, making them readily available for those who wish to utilize them in their courses.
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