Money and Banking

Author: Zhang Yichun, Editor-in-Chief
Publisher:
Publish Date: 2004-06-01
Features: This textbook covers all aspects of the field of money and banking, including money and its systems, credit and interest rates, financial markets, commercial banks and other financial institutions, central banks and their monetary policies, money demand and supply, inflation, balance of payments, foreign exchange rates, and the international monetary system. The textbook balances Marxist theory of money and banking with Western theories of money and banking, modern developments with historical evolution, qualitative and quantitative analysis, domestic and international perspectives, and the exposition of general principles with explorations of China's financial reform practices. This ensures the textbook remains advanced while remaining grounded in national and pedagogical contexts. The textbook consists of twelve chapters, which are relatively independent yet interconnected, forming a comprehensive system of money and banking studies.
The content covers all aspects of the field of money and banking, including:
- Money and its systems
- Credit and interest rates
- Financial markets
- Commercial banks and other financial institutions
- Central banks and their monetary policies
- Money demand and supply
- Inflation
- Balance of payments
- Foreign exchange rates and the international monetary system
To ensure the integrity and coherence of the entire textbook and its chapter structure, some issues are discussed from different perspectives across chapters, which is necessary. However, to avoid unnecessary repetition, we have adopted a logical sequence with varying levels of detail—detailed at the beginning and more concise toward the end, with references to previous and subsequent content. This approach helps students systematically and interconnectedly grasp the relevant knowledge.
Each chapter of the textbook concludes with review questions, and a list of key reference materials is provided at the end of the book to facilitate further study, research, and consolidation of learning outcomes.