Money and Banking

Author: Yue Yuzhu and Guo Huiwen (editors)
Publisher:
Publishing Date: 2005-08-01
Features: The book is divided into ten chapters, covering main topics such as credit and interest rates, financial asset investment, financial markets and institutional systems, commercial banking business and management, the central bank and financial regulation, money supply and its equilibrium and imbalance, monetary policy and inflation, etc. In terms of methodology, it is based on modern monetary and financial theory, combining the characteristics of money circulation under modern market economy conditions, explaining the intrinsic link between money circulation and credit activities under the modern banking system. It highlights the movement patterns of credit money and the principles of commercial banks creating money. The book introduces the business activities of commercial banks and other non-bank financial institutions, as well as the tools and policies used by the central bank to regulate the macro economy. This book can serve as a teaching material for financial majors and other economics-related disciplines in higher education institutions, and is also suitable for financial professionals and general readers.