Money and Banking

Author: Yao Su
Publisher:
Publish Date: 2002-01-01
Features: This book is a recommended teaching material for the main courses in economics by the Ministry of Education. It is divided into 12 chapters, respectively elaborating on currency and monetary systems, credit, interest and interest rates, financial markets, financial institutions and their systems, commercial banks and deposit money, central banks, international currency and international finance, money supply and its equilibrium, inflation and its governance, monetary policy, finance and economic development. Guided by Marx's theory of money and credit, the book systematically explains the origin, development, and movement patterns of money, credit, and banks. It incorporates the latest achievements in China's financial legislation, financial system reform, and financial scientific research in recent years. While emphasizing the connection between theory and practice, the book not only elaborates on basic theories and necessary business knowledge but also combines current conditions and the practical experience of macroeconomic regulation to explain and introduce relevant issues such as the central bank's monetary policy, money circulation, financial markets, and the macrofinancial regulation mechanism of the central bank. The book has a distinct contemporary character and is suitable not only for teaching needs in institutions of higher learning but also for reference by economic and financial theorists and practitioners.