Chapter One 1
What is Finance? 1
Supplementary Reading:Public Finance 12
Chapter Two 15
Stock 15
Supplementary Reading:The Dot-com Bubble 25
Chapter Three 28
Bond 28
Supplementary Reading:Junk Bonds:Everything You Need To Know 39
Chapter Four 42
Foreign Exchange and Exchange Rate 42
Supplementary Reading:Currency War of 2009-11 53
Chapter Five 59
Central Bank 59
Supplementary Reading:The Federal Reserve 71
Chapter six 76
Commercial Bank 76
Supplementary Reading:Bank Run 84
Chapter Seven 86
Investment Bank 86
Supplementary Reading:Morgan Stanley 97
Chapter Eight 100
Financial Market 100
Supplementary Reading:Capital Market 111
Chapter Nine 114
Stock Exchange 114
Supplementary Reading:New York Stock Exchange 123
Chapter Ten 126
Offshore Financial Center 126
Supplementary Reading:The Truth about Tax Havens 135
Chapter Eleven 139
1997 Asian Financial Crisis 139
Supplementary Reading:Ten Years After:The Lasting Impact of the Asian Financial Crisis 152
Chapter Twelve 156
The Collapse of Barings Bank 156
Supplementary Reading:Nick Leeson 165
Chapter Thirteen 168
Subprime Mortgage Crisis 168
Supplementary Reading:The Federal Reserve's Response to the Financial Turmoil 178
Chapter Fourteen 183
One Market,One Money,One Price? 183
Supplementary Reading:The History of the Euro 195
Chapter Fifteen 199
Five Myths about the Chinese Economy 199
Supplementary Reading:What are the prospects for China's Economy? 206
Appendix Ⅰ Glossary 213
Appendix Ⅱ Terminology 224
Appendix Ⅲ Background Knowledge 232