Modern Monetary Banking (Capital University of Economics and Business Press)

Author: Wu Kangping
Publisher:
Publish Date: 2002-08-18
Features: This book addresses many intriguing questions in the field of money and finance by exploring the role of money in the economy and examining how financial institutions and markets operate. It reflects the interesting developments in the field of monetary banking. The purpose of this book is to establish a unified analytical framework for studying money, banking, and financial markets, emphasizing economic thinking rather than focusing on presenting a large number of facts that will quickly become outdated. This analytical framework will use basic economic principles to guide readers' thinking, helping them understand the structure of financial markets, foreign exchange markets, bank management, and the role of money in the economy. At the same time, this unified analytical framework not only makes the material more engaging and ensures that readers' knowledge does not become outdated quickly but also allows them to avoid the hassle of memorizing a large amount of information that will be forgotten after exams. Additionally, adopting a unified analytical framework enables instructors who use this textbook to teach modern theories based on the latest research findings.