This course provides the background knowledge of money and the financial system including the money issues, payment system, money supply and economic growth, as well as the overview of financial instruments, financial markets and financial institutions.
Besides, this course also delivers core knowledge about the relationship between interest rates, the term of interest structure and major instruments in the financial markets including stocks and bonds.
In addition, learners will be equipped with rudimentary knowledge about exchange rates, the formation and factors affecting exchange rates. Finally, students will get to know more about banking, banking governance, the role of the central bank, the money supply process and the implementation of monetary policy in the economy.