Course Syllabus Course code ECON 130007. 04 Compiled date 2019/05/01 Course title( chinese) 货币银行学 Course title (english) Economics of Money and Bank Credits Total hours hui Instructor Department International finance Semester Contact email hebright(@sina.com Prerequisite courses Macroeconomics& microeconomics (A) Classification of the course C Compulsory Elective Other□ (B)Course objectives and contents This course is designed to let students to master the basic knowledge and theory of money and banking, understand the practice of money and banking in the economic system and apply them to the pecific situation both at home and abroad after learning this course This course has 14 chapters related to five sections. (1)the basic knowledge of money and interest rate;(2) financial institutions (organizations)and their operation (3)financial institutions (organizations)activities, financial markets, financial innovation, pricing of financial assets; (4)the macroeconomic impact of money as an economic system of blood and its control; and(5)crises and regulation. Among them, the content of the money, interest rate, central bank, commercial bank, financial market, financial innovation, money supply, money demand and monetary policy is the teaching focus There are three main characteristics of this course: (1)following the main line of money and bank we build a knowledge frame which has links each other; (2) Based on the Chinese economic transition and internet technology, students are mentored to analyze and think about the new phenomena of a large number of financial innovations so that they can pay more attention to China's practical conditions; (3) The course will provide vivid studies of cases which happened in China and foreign countries. This course not only give a vivid and interesting interpretation of the transition period of China's money and banking characteristics, but also help students better understand the abstract of principles money and (C)Textbooks and references(at least five) Author Title Publisher Year
Course Syllabus Course code ECON130007.04 Compiled date 2019/05/01 Course title (Chinese) 货币银行学 Course title (English) Economics of Money and Banking Credits 3 Total hours 54 Instructor Guang-Hui He Department Department of International Finance Semester 3 Contact email hebright@sina.com Prerequisite courses Macroeconomics&Microeconomics (A)Classification of the course Comprehensive □ Base □ Compulsory Elective □ Other □ (B) Course objectives and contents This course is designed to let students to master the basic knowledge and theory of money and banking, understand the practice of money and banking in the economic system and apply them to the specific situation both at home and abroad after learning this course. This course has 14 chapters related to five sections. (1) the basic knowledge of money and interest rate; (2) financial institutions (organizations) and their operation; (3) financial institutions (organizations) activities, financial markets, financial innovation, pricing of financial assets; (4) the macroeconomic impact of money as an economic system of blood and its control; and (5) crises and regulation. Among them, the content of the money, interest rate, central bank, commercial bank, financial market, financial innovation, money supply, money demand and monetary policy is the teaching focus. There are three main characteristics of this course: (1) following the main line of money and bank, we build a knowledge frame which has links each other; (2) Based on the Chinese economic transition and internet technology, students are mentored to analyze and think about the new phenomena of a large number of financial innovations so that they can pay more attention to China's practical conditions; (3) The course will provide vivid studies of cases which happened in China and foreign countries. This course not only give a vivid and interesting interpretation of the transition period of China's money and banking characteristics, but also help students better understand the abstract of principles money and banking. (C)Textbooks and references (at least five) NO. Author Title Publisher Year
Economics of Money and Fudan University2016 Guang-Hui He Banking Press The Economics, Money China People 2011 Mishkin Banking, Financial University Press Markets(th Edition) Mishkin frede The Economics of Money, Banking and Financial Prentice hall 2012 markets Lawrence S Ritter Principles of Northeast University 2008 4 WilliamL Silbe Money Banking and oI FInance an 10 Gregory. F Udell Financial market Economics press Money, Banking, and Lloyd. B.Thomas Machinery Industry 2008 Financial Markets Press ( D)Teaching arrangement and key points Text/ Homework and Chapter Hour Contents and key reference See the exercises of H Introduction uan 3 the textbook for He(2016) each chapter 1. I Currency overview Chapter 1 The basic 1.2 The monetary See the exercises of Guang-Hui Knowledge of 3 standard system the textbook for He(2016) Money 1.3 Currency each chapter Internationalization 2. 1 Interest and Chapter 2 2.2 Equilibrium interest The Basic See the exercises of the textbook for Knowledge of 3 Interest rate control/He(2016) Interest rate each chapter 2.4 Interes marketization 3. 1 The emergence and It of the central bank 3.2 The nature and See the exercises of Chapter3 functions of the GI uan the textbook for Central Bank central bank He(2016) each 3.3 Central bank system comparison 3. 4 Central bank
1 Guang-Hui He Economics of Money and Banking Fudan University Press 2016. 9 2 Mishkin The Economics, Money, Banking, Financial Markets（9th Edition） China People University Press 2011. 1 3 Mishkin, Frederic S. The Economics of Money, Banking and Financial markets Prentice Hall 2012 4 Lawrence.S.Ritter William.L.Silber Gregory.F.Udell Principles of Money ,Banking and Financial Market Northeast University of Finance and Economics Press 2008. 10 5 Lloyd.B.Thomas Money, Banking, and Financial Markets Machinery Industry Press 2008. 12 (D)Teaching arrangement and key points Chapter Hour Contents and key points Text/ reference Homework and questions Introduction 3 Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter 1: The Basic Knowledge of Money 3 1.1 Currency overview 1.2 The monetary standard system 1.3 Currency Internationalization Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter 2: The Basic Knowledge of Interest Rate 3 2.1 Interest and measurement 2.2 Equilibrium interest rate 2.3 Interest rate control 2.4 Interest rate marketization Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter3: Central Bank 3 3.1 The emergence and development of the central bank 3.2 The nature and functions of the central bank 3.3 Central bank system comparison 3.4 Central bank business Guang-Hui He（2016） See the exercises of the textbook for each chapter
4. 1 The emergence and development of modern commercial banks 4.2 The organizational d Chapter4 See the exercises of commercial banks Guang-H 4.3 Commercial He(2016) Banks Banking business each chapter 4.4 Information asymmetry and credIt rationing 4.5 Management of commercial banks 5.1 Investment banks 5.2 Fund management 5. 3 Tru 5.4 Financial leasing Chapters companies and Other Financial See the exercises of financing guarantee Guang-Hui He(2016) the textbook for Institutions and each chapter Organizations 5.5 Microfinance 5.6 The P2P platform 5. Third party payment 5.8 Other new types of anci Chapter6 6. 1 Seperate operation Financial 6.2 Mixed operation See the exercises of Operation and/36.3 China's financial Guang-Hui the textbook for industry operating He(2016) Mixed each chapter system Operation 7. 1 The overview of financial markets Chapter7 See the exercises of 7.2 Money market Financial Guang-H He(2016) the textbook for Markets 7.3 Capital market each chapter 7. 4 Financial derivative markets
Chapter4: Commercial Banks 5 4.1 The emergence and development of modern commercial banks 4.2 The organizational system and types of commercial banks 4.3 Commercial Banking Business 4.4 Information asymmetry and credit rationing 4.5 Management of commercial banks Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter5: Other Financial Institutions and Organizations 5 5.1 Investment banks 5.2 Fund management companies 5.3 Trust and investment companies 5.4 Financial leasing companies and financing guarantee companies 5.5 Microfinance organizations 5.6 The P2P platform 5.7 Third party payment companies 5.8 Other new types of financial organizations Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter6: Financial Seperate Operation and Mixed Operation 3 6.1 Seperate operation 6.2 Mixed operation 6.3 China's financial industry operating system Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter7: Financial Markets 5 7.1 The overview of financial markets 7.2 Money market 7.3 Capital market 7.4 Financial derivative markets Guang-Hui He（2016） See the exercises of the textbook for each chapter
8. 1 Motives of financial Innovation 8.2 Financial innovation theories Chapter& See the exercises of Financial 3 8.3 Business innovation Gu uang in China's commercial He(2016) the textbook for Innovation each chapter banks 8.4 Shadow banking 8. 5 The economic effect of financial innovation I Interest rate term structure Chapter 9.2 Interest rate term See the exercises of Term Structure 4 structure models Guang-hui He(2016) the textbook for and risk 9.3 Interest rate risk each chapter structures 94P 10.1M aggregates 10.2 Money creation chanism of commercial banks See the exercises of Chapter10 H 4 10.3 Base money and uan the textbook for Money Supply He(2016) loney supply 10. 4 Money multiplier and money supply 10.5 China's money 1. 1 The traditional quantitive theories 11.2 Keynes' theory of money demand 11. 3 The development Guang-Hui See the exercises of Chapterll the textbook for Money demand ofK He(2016) 11.4 Friedmans theory each chapter of money demand 11.5 Chinas money demand 12. 1 Neutrality and Chapter 12 Money and non-neutrality of money\ Guang-Hu See the exercises of 3 12.2 Endogeneity and He(2016) the textbook for Economy exogeneity of money each chapter 12.3 Money and price
Chapter8: Financial Innovation 3 8.1 Motives of financial innovation 8.2 Financial innovation theories 8.3 Business innovation in China 's commercial banks 8.4 Shadow banking 8.5 The economic effect of financial innovation Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter9: Term Structure and Risk Pricing 4 9.1 Interest rate term structure 9.2 Interest rate term structure models 9.3 Interest rate risk structures 9.4 Pricing of risky assets Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter10: Money Supply 4 10.1 Monetary aggregates 10.2 Money creation mechanism of commercial banks 10.3 Base money and money supply 10.4 Money multiplier and money supply 10.5 China 's money supply Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter11: Money Demand 3 11.1 The traditional quantitive theories 11.2 Keynes’ theory of money demand 11.3 The development of Keynesian theory 11.4 Friedman 's theory of money demand 11.5 China 's money demand Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter12: Money and Economy 3 12.1 Neutrality and non-neutrality of money 12.2 Endogeneity and exogeneity of Money 12.3 Money and price Guang-Hui He（2016） See the exercises of the textbook for each chapter
chans 13. 1 Monetary policy objectives rules Monetary 13.3 Monetary policyGuang-Hui See the exercises of Instruments He(2016) Policies 13.4 Monetary policy each chapter 13.5 Monetary policy 14. 1 Currency crises 14.2 Banking crisis Chapter 14 14.3 The US subprime mo See the exercises of Crises and GI Hu Regulation The European He(2016) sovere eign debt crises each chapter 14.5 Financial safety 14.6 Banking regulation (E)Grading Check Forms Check in 10% 20% Midterm exam Final exam 70% Exam form Open-book口 Closed-book囡 Other口 (F)Online sources The website of network classroom and other websites related to the course are available for students, with auxiliary teaching material The instructor who has set up the network classroom in the virtual campus, the modern technology education center or in the department's website should make the resources open to the students as more as possible. 1. Syllabus, course notes, and students' presentations can be obtained from the E-learning platform of the universi 2. Useful Websites China money China banking Regulatory Commission China Securities regulatory Commission FED IMF World Bank
changes Chapter13: Monetary Policies 4 13.1 Monetary policy objectives 13.2 Monetary policy rules 13.3 Monetary policy instruments 13.4 Monetary policy transmission 13.5 Monetary policy assessment Guang-Hui He（2016） See the exercises of the textbook for each chapter Chapter14: Crises and Regulation 3 14.1 Currency crises 14.2 Banking crisis 14.3 The US subprime mortgage crises 14.4 The European sovereign debt crises 14.5 Financial safety nets 14.6 Banking regulation Guang-Hui He（2016） See the exercises of the textbook for each chapter (E) Grading Check Forms Check in 10% Homework 20% Midterm exam Final exam 70% Exam form Open-book □ Closed-book Other □ (F) Online sources (The website of network classroom and other websites related to the course are available for students, with auxiliary teaching material. The instructor who has set up the network classroom in the virtual campus, the modern technology education center or in the department's website should make the resources open to the students as more as possible.) 1. Syllabus, course notes, and students’ presentations can be obtained from the E-learning platform of the university 2.Useful Websites China Money People 's Bank of China China Banking Regulatory Commission China Securities Regulatory Commission FED IMF World Bank
(G)a brief introduction of the instructors(200-300 words The instructor teaches two courses for undergraduates: Economics of Money and Banking that is a compulsory course and A Financial History of europe and the Unite States that is an elective course. Meanwhile. the instructor teaches one fundamental course for graduate students of degree, The Module on Money and Banking The instructor has published more than 100 papers in academic journals such as Economic Research Journal, Journal of Financial Research, The Journal of world Economy, Statistical Research, and has published 3 monographs. The instructor has been in charge of 6 projects of the National Social Science Fund and other provincial and ministerial level. Research results have won provincial and ministerial level awards * If the course is provided by several instructors, please indicate the one responsible for the course
(G) A brief introduction of the instructors (200-300 words): The instructor teaches two courses for undergraduates: Economics of Money and Banking that is a compulsory course and A Financial History of Europe and the Unite States that is an elective course. Meanwhile, the instructor teaches one fundamental course for graduate students of degree, The Module on Money and Banking. The instructor has published more than 100 papers in academic journals such as Economic Research Journal, Journal of Financial Research, The Journal of World Economy, Statistical Research, and has published 3 monographs. The instructor has been in charge of 6 projects of the National Social Science Fund and other provincial and ministerial level. Research results have won provincial and ministerial level awards. *If the course is provided by several instructors, please indicate the one responsible for the course