A Brief Introduction to Money

Author: Yi Gang, Bei Daoguang
Publisher:
Publish Date: 1997-12-01
Features: This book uses modern economics as a tool to connect with the practical background of China's transition to a market economy, briefly introducing the basic knowledge of monetary theory and monetary policy. The book is divided into three parts: the upper part first analyzes the definition of money and the relationship between money and other financial assets, and explores the concept of interest and related financial investment concepts such as risk, return, and asset selection. The middle part mainly introduces monetary theory, including theories of money demand, inflation, the relationship between economic development and monetization, and theories of money supply mechanisms. The lower part focuses on monetary policy, mainly including monetary management systems, monetary policy tools, the effects of monetary policy tools, monetary policy effects, and central bank systems, among other issues, and forecasts the future development prospects of China's monetary policy. The book has a broad perspective, clear organization, and is highly beneficial for readers to enhance their investment awareness, understand financial information, and judge interest rate trends.