Money, Banking & Financial Markets

By Tetsuya Saito

Table of Contents
Class 1Guidance
Class 2Commodity money and fiat money
Class 3Three functions of money, and an essence of money-search model
Class 4Choice of currencies and Gresham's Law
Class 5Utility from money-holding
Class 6Demand for money (liquidity)
Class 7Quantity theory of money with an introduction to the system of national accounting
Class 8Review session for the Midterm I
Class 9Midterm I (statistics) & market watch activity
Class 10Expected value & variance
Class 11Expected value & variance of portfolio, and optimum portfolio selection
Class 12Bond pricing and interest rate
Class 13Simple and composed interest rates
Class 14Future discounting and present value
Class 15Yield spread and future discounting
Class 16Pricing stocks
Class 17Production & cost functions of a bank
Class 18The role of the banking (financial) sector
Class 19Review session for the Midterm II
Class 20Midterm II (statistics) & central banking vs. free banking
Class 21The role of the Bank
Class 22Monetary policy I
Class 23Monetary policy II
Class 24Review session for the final & concluding remarks