Currency and Financial Theory Tutorial

Author: Lu Jinquan
Publisher:
Publish Date: 2005-07-01
Features: The first three chapters introduce the theory of money supply, the theory of money demand, and the theory of interest rates. We not only elaborate on traditional monetary theory but also examine modern monetary theories, such as the monetary and overlapping generations models. Chapter 4 introduces asset pricing theory, including early capital market theories and modern asset pricing theories. Chapter 5 covers monetary policy theory, primarily introducing traditional monetary policy theory, the Barro-Gordon model, and the Taylor rule. Chapter 6 explores theories of financial innovation and financial development, examining the causes of financial innovation and financial development, as well as elaborating on the theories of financial innovation and financial development. Chapter 7 discusses inflation theory, focusing on the causes of inflation, the relationship between inflation and costs, and the theory of optimal currency areas, along with its development. The above content constitutes the core of the field of money and finance. Understanding the development process and historical context of these theories can deepen the comprehension of international finance and monetary theory. During the writing process, we strive to reflect the latest achievements in theoretical development and emphasize the cutting-edge nature of academic progress. For the introduction of major monetary and financial theories, we aim to provide comprehensive coverage, enabling students to grasp both the theoretical ideas and specific content. The field of monetary and financial theories is vast, and in selecting the content, we highlight the key points to avoid excessive complexity, thereby facilitating students in mastering the essence of the material.