A predator-prey system with nonmonotonic functional response is considered. Global qualitative and bifurcation analyses are combined to determine the global dynamics of the model. The bifurcation analysis of the model depending on all parameters indicates that it exhibits numerous kinds of bifurcation phenomena, including the saddle-node bifurcation, the supercritical and subcritical Hopf bifurcations, and the homoclinic bifurcation. It is shown that there are different parameter values for which the model has a limit cycle or a homoclinic loop, or exhibits the so-called paradox of enrichment ...