Modern Monetary Banking

Author: Zhou Jiansong
Publisher:
Publish Date: 2003-01-01
Features: After repeated consultations with colleagues in the teaching and research office and the instructors of this course, this textbook discusses topics from money and monetary systems to financial innovation, divided into five parts and fifteen chapters. Part 1: Money, Credit, and Interest, mainly including three chapters: Money and Monetary Systems, Credit and Credit Instruments, and Interest and Interest Rates; Part 2: Financial Markets and Operations, mainly including three chapters: Financial Markets and Their Development, Money Markets, and Capital Markets; Part 3: Financial Institutions and Systems, including three chapters: Financial Institution Systems, Commercial Banks, and Central Banks; Part 4: Money Circulation and Regulation, including three chapters: Money Supply and Equilibrium, Monetary Policy and Regulation, and Inflation and Deflation; Part 5: Financial Opening and Development, including three chapters: Financial Opening, Financial Development, and Financial Innovation. Through the study of this course, students should gain a comprehensive understanding and knowledge of the basic theories and concepts in banking disciplines such as money, credit, and economics. They should truly grasp the scientific connotation of finance as the core of the modern economy, basically master the theoretical and policy mechanisms of macro-financial operation and regulation (monetary policy), and have a fundamental understanding of the trends of modern financial opening, development, and innovation. This will lay a solid foundation for subsequent theoretical learning and future practical work.