米什金货币金融学超强复习重点考研究生笔记期末笔记.pdfVIP

Lecture2 money and monetary systems 2011年11月20 日 0:23 1,measurement of money M0:流通中的现金 Currency in circulation refers to that circulated in nonbank publics, this is the money in the narrowest sense, We use M0 to denote. Eg: coins, paper money M1: narrow money 狭义货币 currency in circulation and checkable deposits 反应了社会的直接购买支付能力 M2: broad money广义货币 M +Saving deposits 1 既反映了现实的购买力也反映了潜在的购买力，中央银行货币政策调节的主要中介目标 2，function definition: （会判断） Measurement of money价值尺度 Medium of exchange 流通手段 Medium of payment 支付手段 Means of storage 储藏手段 World currency 世界货币 3，Gold standard 大致了解 Gold coin standard is the typical example （金铸币本位制） 4，fiat money standard （不兑现信用货币制度） 分区 MF 的第 1 页 Lecture3 financial system and financial structure 2011年12月9 日 15:49 1， components of financial system 看一下定义 2，funds flows 流动的载体、原则、监管 直接融资：市场 间接融资：银行 3，直接融资和间接融资（了解）  Indirect financing 间接融资： Indirect financing is a means of financing via financial intermediaries which mainly includes commercial banks. Commercial banks, insurance companies, investment funds, etc., are bridges for indirect financing. Theory of financial intermediation focusing on the reason why there is financial intermediary, the nature of financial intermediary, and the division of labor between financial markets and intermediaries.  Direct financing Financing activities between demanders for funds and suppliers of funds are conducted in financial markets directly. It is worth pointing out that direct financing also involves financial institutions such as investment banks, security brokers, and market makers, etc. Financial market theory focusing on allocation efficiency of capitals, and asset pricing, etc. Advantages vs. disadvantages of different financings  Disadvantages of direct financing