文档介绍：Chapter 4
Financial Market
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Chapter 1
Topics to be Discussed
Introduction
Banking system & ary market
The interest rate & national e
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Chapter 1
Introduction
Physical assets & financial assets
Money & statistic caliber
Bonds
Stocks
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Chapter 1
Physical assets & financial assets
Basic concepts
Physical asset
equipments, factory buildings, automobiles, products, and product material…
Financial assets
money、bonds、stocks …
Introduction
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Chapter 1
physical assets & financial assets
Functions of financial assets
Information transfer
Lessen exchange cost
Introduction
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Chapter 1
Money & statistic caliber
Function of money
Transaction Form
Measurement of Value
Means of Payment and Means of Hoard
Introduction
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Chapter 1
Money & statistic caliber
M0:Cash & Currency (Cu)
M1:
Introduction
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Chapter 1
Money & statistic caliber
M2:M1,Savings Deposits (Ds),
Personal Term Deposits (Dt)
Introduction
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Chapter 1
Money & statistic caliber
M3:M2 , Non-Personal Term Deposits
and Deposits in Foreign Currency,etc, Dn
Introduction
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Chapter 1
Money & statistic caliber
Currency Deposit Ratio
The determination of Currency Deposit Ratio
-----the behavior of the family and the firm
Introduction
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Chapter 1