Unit 1 Money 1
Additional Reading:Motives for Holding Money 14
Unit 2 The Interest Rate 20
Additional Reading:The Role of the Federal Reserve in the Determination of Interest Rates 31
Unit 3 Banking Firms 38
Additional Reading:The Banking System and Recent Monetary Re-form in China 52
Unit 4 Financial Institutions 58
Additional Reading:Insurance Management 68
Unit 5 Financial Derivatives 74
Additional Reading:New Futures Contracts and Trading Arrangements 84
Unit 6 Financial System and Markets 92
Additional Reading:Financial Intermediaries 103
Unit 7 Inflation 107
Additional Reading:The Consequences of Inflation 117
Unit 8 Monetary Policy 123
Additional Reading:Monetary versus Fiscal Policies 134
Unit 9 Foreign Exchange 139
Additional Reading:Foreign Exchange Futures 149
Unit 10 International Financial System 154
Additional Reading:Balance of Payments 165
Appendix Ⅰ Reference Translation of the Main Texts 170
Appendix Ⅱ Key to the Exercises 199
Appendix Ⅲ Tapescripts 212
Appendix Ⅳ Glossary 220
Appendix Ⅴ Bibliography 234