《Syllabus of Finance》课程教学大纲

1、Syllabus of Finance. Survey of the CourseTypes of course: Backbone CourseCredits：2Total lesson hours: 32Nature of the course: RequiredSemester: 3rdModule Provider：Macro-economicsApply to: Accounting, Financial ManagementTeaching material: Money, Banking & Financial Markets (2nd Edition), Mishkin 201

2、0Unit of instructor: Department of accounting, school of economics & management. Course ObjectivesThis course is a leading theoretical and also backbone course for students majoring in economics and management, which mainly studies the factors in financial fields and the basic relations among them a

3、nd its regular working patterns. The objective of this course is to introduce the definitions and theories about finance. Students are required to understand these basic knowledge in financial field; to grasp systematically currency, credit, financial institutes, financial markets, financial instrum

4、ents, international finance, financial macro-control and supervision; to be familial with the characteristics of currency in modern banking regimes, the intrinsic relations between money supply and operating actions of commercial banks and financial markets; to be familial with the macro-control by

5、the central bank; to know the new developments of currency, credit, banking, and financial market behaviors in modern economic practice; to cultivate the capacity of analyzing the practical problems in financial fields using these theories, and thus form the foundations for further study. Contents a

6、nd Learning OutcomesUnit 1 Overview of the Finance (2 hours)After learning this unit, students are required to understand:1. Definition of finance.2. Evolutions of the functions of finance.3. Positioning of modern financial industry.Key points:1. Understanding the evolutions of the functions of fina

7、nce2. Discuss the positioning and the development tendency of modern financial industryUnit 2 Money and Money RegimesAfter learning this unit, students are required to understand:1. Emergence and development history of currency.2. Essence and functions of currency.3. Money regimes and its evolution.

8、4. Constitutes of money, including general gradation of money, and its respective situations in both USA and China.Key points:The constitutes of money, including general gradation of money, and its respective situations in both USA and ChinaUnit 3 Credit (2 hours)After learning this unit, students a

9、re required to understand:1. Emergence and development history of credit.2. Main modalities of credit, including commercial credit, banking credit, national credit, consumption credit, and international credit.3. Relation between credit and modern economy.Key points:Emergence and development history

10、 of creditUnit 4 Interest and Interest Rates (3 hours)After learning this unit, students are required to understand:1. Intrinsic and categories of interest rate, including the transform and calculating of interest rates.2. The theories about the determining of interest rates, including classical the

11、ory, Keynes liquidity preference theory, loanable funds theory; The determining of interest rates in IS-LM model; The general analysis of the factors which determining and which influencing interest rates.3. The functions of interest rates, mainly the system and the course of marketization of intere

12、st rates in China.4, Risk structure and term structure of interest rates.Key Points:1. Intrinsic and categories of interest rate, including the transform and calculating of interest rates.2. The system and the course of marketization of interest rates in China.Unit 5 Financial Markets (3 hours)After

13、 learning this unit, students are required to understand:1. Concept, key elements and categories of financial markets.2. The price and earnings of financial instruments and the factors affecting the earnings of financial instruments; the categories of primary and derivative financial instruments.3.

14、The developing process of each branch money markets and respective comparison with foreign developed countries. Mainly the developing tendency of each branch money markets and its significance for economic policies, the operation and the formation of price in money markets and capital markets, and t

15、he functions of capital markets.4. The procedure of the issuance and exchange of securities, including bonds, stocks, and mutual funds.Key Points:1. The price and earnings of financial instruments and the factors affecting the earnings of financial instruments; the categories of primary and derivati

16、ve financial instruments.2. The operation and the formation of price in money markets and capital markets.Unit 6 Financial Institutes (3 hours)After learning this unit, students are required to understand:1. Definitions, constitutes of both domestic and international financial institutes and the rel

17、ation between them.2. Emergence and development history of financial institutes.3. Functions of financial institutes.4. Special natures about the running and operating of financial institutes.5. Natures and contents of business of different financial institutes.6. Developing and transforming of fina

18、ncial institutes system.Key Points:1. Natures and contents of business of different financial institutes.2. Developing and transforming of financial institutes system.Unit 7 Commercial Banks (3 hours)After learning this unit, students are required to understand:1. The emergence and development histo

19、ry, the nature, functions, and organizational regime of commercial banks.2. Process of credit creating of commercial banks, main business, principles in the operating of commercial banks, and the methods for capital management, liabilities management, and loan management, and the joint capital and l

20、iabilities management of commercial banks. 3. Supervision to commercial banks.Key Points:1. Process of credit creating of commercial banks.2. Principles in the operating of commercial banks, and the methods for capital management, liabilities management, and loan management, and the joint capital an

21、d liabilities management of commercial banks.Unit 8 Central Bank (2 hours)After learning this unit, students are required to understand:1. Necessary of the creating of central bank, the emergence and development history of central bank and its properties.2. Types of central banking regimes, function

22、s and its roles of central bank in modern economy.3. Relation between the central government and central bank, and the relative independency of central bank.4. Relationship between the assets and liabilities of central bank, the structure and the analyzing methods of the balance sheets of central ba

23、nk.5. Main business of central bank.Key Points:1. Main business of central bank.2. Structure and the analyzing methods of the balance sheets of central bank.Unit 9 Money Supply (2 hours)After learning this unit, students are required to understand:1. Definition of money supply, distinguish between m

24、oney supply and the volume of money supply.2. Process of different gradation of money creating and the affecting factors, money base and money multiplier, and their relation with money supply, and the mechanism of different participants affecting the volume of money supply.3. Endogeneity and exogene

25、ity of money supply.Key Points:1. Distinguish between money supply and the volume of money supply.2. Process of different gradation of money creating and the affecting factors, money base and money multiplier.3. Mechanism of different participants affecting the volume of money supply.Unit 10 Money D

26、emand (2 hours)After learning this unit, students are required to understand:1. Conception of money demand, angles of analyzing and basic contents.2. Main contents and theoretical contributions of each money demand theories.3. Main factors affecting the demands for money in China.4. Respective perfo

27、rmance of the equilibrium and disequilibrium of the demand and the supply of money, and the adjustment mechanism.Key Points:1. Conception of money demand, angles of analyzing and basic contents.2. Main factors affecting the demands for money in China.Unit 11 Monetary Policy (3 hours)After learning t

28、his unit, students are required to understand:1. Contents of monetary policy, the final targets and its relations.2. Conduction mechanism and intermediate targets of monetary policy in developed countries, and the ones in China.3. Monetary policy operating instruments.4. Applications of monetary policy under different economic conditions and the coordination with fiscal policy.Key Points:1. Monetary policy operating instruments.2. Applications of monetary policy under different economic conditions and the coordination with fiscal policy.Unit 12 Inflatio