ch01中文《货币银行学》PPT.pptVIP

为什么要研究金融市场（ Financial Markets）？ 1. 将资金（funds）从储蓄者（savers）手里转移到投资者（investors）手里，从而提高经济效率（economic efficiency） 2. 影响个人财富（personal wealth）和企业行为（behavior of business firms） 债券市场（Bond Market） 股票市场（Stock Market） 外汇市场（Foreign Exchange Market） 为什么要研究银行和金融机构（Banking and Financial Institutions）？ 1. 金融中介（Financial Intermediation） 向储蓄者借入资金并转而贷给投资者 2. 银行和货币供给（Money Supply） 在货币创造（creation of money）中具有重要作用 3. 金融创新（Financial Innovation） 为什么要研究货币和货币政策（Money and Monetary Policy）？ 1. 影响商业周期（business cycles）、通货膨胀（inflation）和利率（interest rates） 货币与商业周期 货币与物价水平 货币供给与通货膨胀 货币供给与利率 预算赤字与货币政策 如何学习货币金融学 Basic Analytic Framework 1. Simplified approach to the demand for assets 2. Concept of equilibrium 3. Basic supply and demand approach to understand behavior in financial markets 4. Search for profits 5. Transactions cost and asymmetric information approach to financial structure 6. Aggregate supply and demand analysis Features 1. Case studies 2. Applications 3. Special-interest boxes 4. Following the Financial News boxes 5. Reading the Wall Street Journal 附录: 定义 Aggregate Output Gross Domestic Product (GDP) = Value of all final goods and services produced in domestic economy during year Aggregate Income Total income of factors of production (land, capital, labor) during year Distinction Between Nominal and Real Nominal = values measured using current prices Real = quantities, measured with constant prices Aggregate Price Level nominal GDP GDP Deflator = real GDP $9 trillion GDP Deflator = = 1.50 $6 trillion Consumer Price Index (CPI) price of “basket” of goods and services Copyright ? 2003 Addison Wesley TM 1- * 为什么要研究货币、银行和金融市场？ 第一章 Copyright ? 2003 Addison Wesley TM 1- *