金融英语 教学课件-杨琰.pptxVIP

Financial English金融英语 教 学 内 容1.Money, credit and interest rates 2.The central banks 4.Investment banks3.Commercial banks5.Insurance6.Derivatives 7.Foreign exchange market8.Internet finance Unit 1: Money, credit and interest rates 货币、信用和利率学习目标： 了解货币的演进、信用的形式熟悉货币的功能、货币供给的内涵掌握货币、利息和利率的概念、利率的种类货币、信用和利率 Section A : Money and money supply货币和货币供给What is money? 货币、信用和利率Money is defined as anything that is generally accepted in payment for goods or services or in the repayment of debt. Example: bank notes, coins, checking accounts Text 1 Functions of Money货币、信用和利率Medium of exchange交换媒介 Store of value价值存储（贮藏手段）Unit of account计价单位（价值尺度）Discussion: What are the basic functions of money? Text 2 Evolution of Money货币、信用和利率Commodity money 商品货币Representative money代用货币Credit money信用货币Electronic money电子货币讨论：the shortcomings of commodity money. ( ) is the oldest form of money A. Commodity money B. credit money C. representative money 货币、信用和利率What is credit money？What are the two features of credit money? (讨论）1) It has no relation with precious metals2) It is based on the credit of national governments and banks. What is electronic money? Text 2 Supply of money 货币、信用和利率What is M1, M2 and M3?M1Currency in circulation + checkable deposit at bank + traveler’s checksM2M1+savings and time deposits at banksM3M2+large denomination, long term deposit Bank business in the supply of money:Receive funds from depositorsMake loans to borrowersMoney creation of bankHow bank create moneyMoney multiplierMoney multiplier = 1/reserve requirement货币、信用和利率 Section B Credit 信用Text 1 Overview of credit 货币、信用和利率What is credit ?Credit in economics refers to a behavior of borrowing and lending with the feature of repayment of the principals plus the interests. Commercial credit Deferred payment Advanced paymentForms of credit 货币、信用和利率Bank credit - Credit granted by banks In the form of moneyIndirect creditExtensive and comprehensive Forms of credit 货币、信用和利率Public credit (fiscal