1、 2005 Pearson Education Canada Inc.Chapter 1Why Study Money, Banking, and Financial Markets? 2005 Pearson Education Canada Inc.1-2Why Study Financial Markets? 1. Channel funds from savers to investors, thereby promoting economic efficiency2. Affect personal wealth and behavior of business firmsWhy S
2、tudy Banking and Financial Institutions? 1. Financial IntermediationHelps get funds from savers to investors2. Banks and Money SupplyCrucial role in creation of money3. Financial InnovationWhy Study Money and Monetary Policy?1. Influence on business cycles, inflation, and interest rates 2005 Pearson
3、 Education Canada Inc.1-3Bond Market 2005 Pearson Education Canada Inc.1-4Stock Market 2005 Pearson Education Canada Inc.1-5Foreign Exchange Market 2005 Pearson Education Canada Inc.1-6Money and Business Cycles 2005 Pearson Education Canada Inc.1-7Money and the Price Level 2005 Pearson Education Canada Inc.1-8Money Growth and Inflation 2005 Pearson Education Canada Inc.1-9Money Growth and Interest Rates 2005 Pearson Education Canada Inc.1-10Fiscal Policy and Monetary Policy
