【PPT精品课件】货币金融学7版英文课件--1-大学课件20.pptVIP

Chapter 1 Why Study Money, Banking, and Financial Markets? Why Study Financial Markets? 1. Channel funds from savers to investors, thereby promoting economic efficiency 2. Affect personal wealth and behavior of business firms Why Study Banking and Financial Institutions? 1. Financial Intermediation Helps get funds from savers to investors 2. Banks and Money Supply Crucial role in creation of money 3. Financial Innovation Why Study Money and Monetary Policy? 1. Influence on business cycles, inflation, and interest rates Bond Market Stock Market Foreign Exchange Market Money and Business