The book is divided into 12 chapters. The main contents include currency and monetary system, interest rate and calculation, financial system and financial market, commercial banks, central bank, money supply, money demand, interest rate determination, price level, monetary policy, exchange rate determination and exchange rate system, financial crisis and financial supervision.
Each chapter has learning purposes and requirements. During the explanation, "extended reading", "related cases", "related reflections", "summary of this chapter", "important concepts of this chapter" and other contents are appropriately added to cultivate students' analytical and problem-solving abilities.
This book can be used as a textbook for economics and management majors in general higher education, and can also be used as a reference for relevant professionals.
Reader comments
This book is very practical! Especially for a new mom like me, it helps me understand finances better. The cases and thinking questions in the book are very close to life, which gave me a deeper understanding of the financial system and market. I like the parts about monetary policy and exchange rate systems in the book. This knowledge is very helpful for me in planning my family finances. Moreover, this book is not only suitable for students, but also for those of us interested in finance. Just like the book says "finance is everywhere", understanding finance can allow us to better deal with various economic problems in life.
This book is very practical! Especially for a new mom like me, it helps me understand finances better. The cases and thinking questions in the book are very close to life, which gave me a deeper understanding of the financial system and market. I like the parts about monetary policy and exchange rate systems in the book. This knowledge is very helpful for me in planning my family finances. Moreover, this book is not only suitable for students, but also for those of us interested in finance. Just like the book says "finance is everywhere", understanding finance can allow us to better deal with various economic problems in life.
Well written and easy to understand