金融学Finance 01.pptVIP

Finance Wang Luxuan (E-mail:alice2200@) References: Joseph P. Daniels, David D. Vanhoose,(范小云改编) “International Monetary and Financial Economics”3e Higher Education Press,2005 Zvi Bodie, Robert C. Merton “Finance” Higher Education Press,2002 Chinese Translation Edition: “金融学” Renmin University of China Press ,2001 Frank K. Reily, Edear A. Norton “Investment” 7th edition ,Tsinghua University Press,2006 Zvi Bodie, Alex Kane, Alan J. Marcus “Investment” 8th edition, China Machine Press, 2009 About the Course: 1.Class Hour: 32h After Class: 32 hours for preparing {key words(can be found in the glossary ) and brief contents for next class} 32 hours for review 2. Teaching Plan: Class Teaching, Group Discussing, Exercises Examination Brief Contents 1.Finance and Financial System 2.Financial Markets, Institutions Instruments 3.International Payments and Exchange 4.International Financial Instruments, Markets, Institutions 5.Asset Pricing Introduction US Sub-prime?mortgage crisis Start from bankrupt of New Century Financial Corporation in Apr. 2007 follow by Lehman Brothers Federal National Mortgage Association (Fannie Mae房利美 ) Federal Home Loan Mortgage Corporation (Freddie Mac房地美 ) had been taken over the $700 billion financial markets rescue plan RMB￥4,000 billion investment by China gov. Questions How the fund flow in the world? T or F ------financial innovation ? What is the function of the financial market financial instruments ? call a new international financial system ? Defining finance Why study finance Financial Decisions of households Financial Decisions of firms Forms of business organization Separation of ownership and management The goal of management Market discipline: takeover The role of the finance specialist in a corporation Chapter 1 What is Finance Defining f