Textbook: Principles of Money, Banking and Financial Markets- 10thed( Lawrence. Ritter, William. Silber, Gregory F. Udell, Jointly Published by Pearson Education North Asia Limited and China Higher Education Press

2. Money plays a key role in the performance of the economy. The amount of money in the economy should not be too little or too much, but just“right?

Interest rate is the price of the money. .Interest rates are the most pervasive element in the financial market. Interest works both ways. .You earn interest when you save and you pay interest when you borrow

5. 1 The Government Bond Market 5.1.1 when the government runs a deficit, it has to get the funds. There are three ways for the government to get funds

7.1.1 reasons of the production of central bank to unite the currency clearing the lender of last resort financial supervision

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