This market-leading text provides the most authoritative, applications-rich coverage of key concepts, models, and issues in money and banking. Frederick Mishkin previously held the post of Executive Vice President and Director of Research at the Federal Reserve Bank of New York. His writing style, latest research, and discussion of policy issues keep his text at the forefront of money and banking. Every new student textbook comes with an access kit to MyEconLab for Mishkin, an online suite of student and instructor tools built around an online version of the entire textbook.