The fundamentals of money and financial systems

It is impossible to comprehend what policies the government should undertake to face the economic reality of the country. Every day the public is exposed to a barrage of recommendations and mandates from the left and the right concerning what would be the appropriate course of action or lack thereof...

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Bibliographic Details
Main Author: Naghshpour, Shahdad.
Format: Electronic eBook
Language:English
Published: [New York, N.Y.] (222 East 46th Street, New York, NY 10017) : Business Expert Press, 2013.
Edition:1st ed.
Series:2013 digital library.
Economics collection.
Subjects:
Online Access:Click to View
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100 1 |a Naghshpour, Shahdad. 
245 1 4 |a The fundamentals of money and financial systems  |h [electronic resource] /  |c Shahdad Naghshpour. 
250 |a 1st ed. 
260 |a [New York, N.Y.] (222 East 46th Street, New York, NY 10017) :  |b Business Expert Press,  |c 2013. 
300 |a 1 electronic text (xxiv, 136 p.) :  |b digital file. 
490 1 |a Economics collection,  |x 2163-7628 
500 |a Part of: 2013 digital library. 
504 |a Includes bibliographical references (p. 129-132) and index. 
505 0 |a Section I. Demand for money -- 1. The quantity theory -- 2. Transaction theory of demand for money -- 3. Portfolio balances -- 4. Money theories and estimation -- Section II. Supply of money -- 5. Federal Reserve System -- 6. Forms of money in the economy -- Section III. The role of interest rate -- 7. Rate of return and interest rate -- 8. Determining the interest rate -- 9. The role of risk on the interest rate -- Section IV. Financial systems -- 10. Components of the financial system -- 11. Equilibrium in the goods market: IS model -- 12. Equilibrium in the financial system: LM model -- 13. Conclusion -- Notes -- Glossary -- References -- Index. 
506 |a Access restricted to authorized users and institutions. 
520 3 |a It is impossible to comprehend what policies the government should undertake to face the economic reality of the country. Every day the public is exposed to a barrage of recommendations and mandates from the left and the right concerning what would be the appropriate course of action or lack thereof in order to nullify economic ills or to bring prosperity to the country. A fundamentally basic requirement to being able to comprehend these claims is the knowledge of money. It is important to understand the meaning of money and be able to differentiate between basic concepts such as consumption, savings, capital, and investment. Would it make any difference, to the overall function of the economy, earnings, employment, etc. if a given sum of money is spent by an individual, a small business, a corporation, or the government? Is it good for the country if people spend money or is it better if they save it? Would it make a difference if spending originates from printing money or citizens' savings? The answer to these and many other economic questions are at the heart of the fiscal and monetary policy that every government grapples with every day. It is essential to know the role of money and how it fits into the answers to these and other policy questions. This book provides the necessary foundations for understanding money and many of its functions, roles, and uses in economic theories that are essential to comprehend economic theories needed for formulation of fiscal and monetary policies. This book is not a textbook to be used in a course in money and banking in a typical economic program. It is written for executives and decision makers who need to comprehend the meanings of different policies and how they affect their decisions in their business or private life but cannot even begin the process because they are unaware of the basic block of fiscal and monetary policy, namely money. Many people use the words like capital, savings, and investments interchangeably or as close substitutes. However, each one has a specific meaning and purpose in economics. After reading this book you will be ready to understand the fiscal and monetary policies, tools, and effectiveness. 
530 |a Also available in print. 
533 |a Electronic reproduction. Ann Arbor, MI : ProQuest, 2015. Available via World Wide Web. Access may be limited to ProQuest affiliated libraries. 
538 |a Mode of access: World Wide Web. 
538 |a System requirements: Adobe Acrobat reader. 
588 |a Title from PDF t.p. (viewed on July 30, 2013). 
650 0 |a Money. 
650 0 |a Finance. 
653 |a bank 
653 |a banking 
653 |a capital 
653 |a consumption 
653 |a Federal Reserve 
653 |a liquidity 
653 |a monetary 
653 |a money 
653 |a savings 
653 |a transaction 
653 |a speculative 
653 |a quantity theory 
655 4 |a Electronic books. 
776 0 8 |i Print version:  |z 9781606494844 
830 0 |a 2013 digital library. 
830 0 |a Economics collection.  |x 2163-7628 
856 4 0 |u https://ebookcentral.proquest.com/lib/matrademy/detail.action?docID=1048445  |z Click to View