1 国际金融英语 实用教程 An Applied English Course for International Finance 彭辰宁 河海大学外国语学院 2 Introduction English on International Finance is one of selected courses. It mainly covers: of the movement of money and the banking system: The demand for and supply of money; inflation and deflation; the functions and the structures of the banking system 3 2. Credit instruments and means of payment internationally 3. Borrowing and lending worldwide 4. The laws of ary and credit movement and some factors affecting these laws 5. Some aims and functions of financial markets: ary Market, Capital Market and Foreign Exchange Market 4 and institutions that manage and control money and credit movement 7. Governmental policies, measurements and regulations to administrate the fiscal and financial policies 5 On the evening news you have just heard the money supply has declined by xx%.what effect might this have on the interest rate of a house loan when you finance your purchase of a new house? Does it mean that a house will be more or less affordable in the future? Will it make it easier or harder for you to get a job? 6 This cause will provide answers to these questions by exploring the role of money in the economy and by examining how financial institutions and financial markets works. Financial institutions and markets not only affect your everyday life but also involve the movement of huge flows of funds throughout our economy, which affect the profits of business, the goods and services that are produced, and even the economic well-being of countries. 7 What happens to money, financial institutions and financial markets is of great concerns to our politicians and can even have a major impact our economic situation and development. The study of money, banking and financial markets will reward you with an understanding of many exciting issues. 8 Lesson 1 Money Introduction What is money? When did money appear? It seems hard to answer. Actually, money
