CONTENTS 1
Unit 1 Economics 1
Unit 2 The Three Basic Questions of Economics 11
Unit 3 Two Party Exchange 17
Unit 4 What Economics is About 26
Unit 5 Measuring National Output 35
Unit 6 International Monetary Systems of the Twentieth Century(PartⅠ) 42
Unit 7 International Monetary Systems of the Twentieth Century(PartⅡ) 51
Unit 8 International Monetary Systems of the Twentieth Century(PartⅢ) 63
Unit 9 International Monetary Systems of the Twentieth Century(PartⅣ) 73
Unit 10 International Financial Markets(PartⅠ) 85
Unit 11 International Financial Markets(PartⅡ) 97
Unit 12 How Firms Issue Securities 107
Unit 13 Where Securities are Traded 115
Unit 14 Introduction of Letter of Credit 124
Unit 15 Import Credit 133
Unit 16 Money Market 143
Unit 17 Underwriting Inland Marine Insurance 153
Unit 18 Principle of Indemnity and Insurance Interest 162
Unit 19 Other Insurance 173
Unit 20 Reinsurance 181
Unit 21 Forms of Reinsurance 190
Unit 22 Social Insurance 197
Unit 23 Types of Private Insurance 207
Unit 24 Principle of Subrogation 216
Unit 25 Life Insurance and Annuities 222
Unit 26 Principle of Utmost Good Faith 231
Reference 239