Unit 1 Money and Financial Institution 1
Section 1 Concepts 1
Section 2 Reading Materials 3
Section 3 Theories 11
Section 4 Supplementary Readings 13
Unit 2 Financial Intermediary 23
Section 1 Introduction 23
Section 2 Reading Materials 26
Section 3 Theories 34
Section 4 Supplementary Readings 36
Unit 3 Financial Regulation 49
Section 1 Concepts 49
Section 2 Reading Materials 52
Section 3 Theories 65
Section 4 Supplementary Readings 67
Unit 4 Financial lnnovation 75
Section 1 Concepts 75
Section 2 Reading Materials 77
Section 3 Theories 86
Section 4 Supplementary Readings 88
Unit 5 Financial Development and Economic Growth 99
Section 1 Concepts 99
Section 2 Reading Materials 101
Section 3 Theories 113
Section 4 Supplementary Readings 115
Unit 6 Money Demand 125
Section 1 Concepts 125
Section 2 Reading Materials 127
Section 3 Theories 134
Section 4 Supplementary Readings 137
Unit 7 Money Supply 151
Section 1 Concepts 151
Section 2 Reading Materials 153
Section 3 Theories 163
Section 4 Supplementary Readings 165
Unit 8 Central Bank 178
Section 1 Concepts 178
Section 2 Reading Materials 179
Section 3 Theories 186
Section 4 Supplementary Readings 187
Unit 9 The Central Bank as the Lender-of-Last-Resort 197
Section 1 Concepts 197
Section 2 Reading Materials 199
Section 3 Theories 206
Section 4 Supplementary Readings 208
Unit 10 Transmission Channels of Monetary Policy 219
Section 1 Concepts 219
Section 2 Reading Materials 220
Section 3 Theories 227
Section 4 Supplementary Readings 230
Unit 11 Monetary Policy Effect 243
Section 1 Concepts 243
Section 2 Reading Materials 245
Section 3 Theories 254
Section 4 Supplementary Readings 257
Unit 12 Evolution of the Investment Theories 266
Section 1 Concepts 266
Section 2 Reading Materials 268
Section 3 Theories 275
Section 4 Supplementary Readings 277