Money and Banking

Author: Xia Deren
Publisher:
Publish Date: 2005-08-01
Features: This textbook introduces the theoretical framework of monetary banking. Based on an introduction to the fundamental categories of monetary banking such as money and monetary systems, credit and financial markets, financial intermediaries and institutions, interest and interest rates, commercial banks and deposit creation, it provides an accessible explanation of key theoretical areas in monetary banking, including money supply, demand, inflation, and deflation. Additionally, it incorporates the latest developments in the field to analyze and discuss topics such as the central bank and monetary policy, finance and economic development, the international financial system, and balance of payments and economic equilibrium.