北京大学光华管理学院本科生经济学教案.pptxVIP

会计学 1 北京大学光华管理学院本科生经济学 第1页/共98页 货币和金融体系 Target short term interest rate Open market operations Entire spectrum interest rate, asset prices etc.. I,C,NX AS,AD 第2页/共98页 1 Modern Financial System The role of financial system Money market Fixed interest rate assets Stock market Foreign exchange market Financial intermediaries Commercial banks Insurance companies Mutual funds 第3页/共98页 Financial Intermediaries A financial intermediary is an institution that transforms the funds it gathers from many individuals into financial assets. A mutual fund is a financial intermediary that creates a stock port