本书为培养既精通现代金融知识又能运用英语从事金融业务的复合型人才而编写。
全书共五部分，分为十二章。第一部分包括第一章至第三章，主要阐述货币、金融市场、政治与经济的相关内容；第二部分包括第四章至第六章，主要阐述中国的中央银行、商业银行及银行监管机构的相关知识；第三部分包括第七章至第九章，主要阐述证券、外汇交易、期货和期权等证券投资及风险管理的相关知识；第四部分包括第十章至第十一章，主要阐述保险基本原理、主要保险业务；第五部分包括第十二章，主要阐述银行函电的基本特点与写作、银行函电的主要应用实例。
本书配有教学课件、部分正文译文、习题参考答案、模拟试卷等辅助教学和学习资料，索取方式参见“更新勘误表和配套资料索取示意图”。
本书为本科院校金融相关专业的教材，因本书主体内容和金融学（货币银行学）课程内容相匹配，因而也可作为金融学课程双语授课参考教材。

刘铁敏，辽宁石油化工大学经济管理学院，教授，硕士研究生导师。主要研究领域涉及投融资管理及财务评价分析、项目管理、宏观经济分析等，主讲微观经济学、宏观经济学、国际结算、国际金融、证券投资学、中级经济学等。

Part One Money and Economics
Chapter　1 Money　2
Learning　Objectives　2
Key　Topics　2
Section　1.1 What Is Money　2
1.1.1　History of Money　2
1.1.2　Meaning of Money　4
Section　1.2 Functions of Money　5
1.2.1　Medium of Exchange　5
1.2.2　Unit of Account　5
1.2.3　Store of Value　6
1.2.4　Standard of Deferred Payment　7
Section　1.3 The Forms of Money　7
1.3.1　Commodity Money　8
1.3.2　Paper Money　8
1.3.3　Checks　10
1.3.4　Electronic or Digital Money　11
Section　1.4 Measuring Money　13
1.4.1　Theoretical and Empirical Definition of Money　13
1.4.2　The Federal Reserve’s Monetary Aggregates　14
1.4.3　Money Supply　14
Section　1.5 Monetary Policy　16
Notes　17
Exercises　18
Chapter　2 Financial Markets　21
Learning　Objectives　21
Key　Topics　21
Section　2.1 What Is Financial Market　21
2.1.1　Definition of Financial Market　21
2.1.2　Constituents of Financial Market　22
Section　2.2 Functions of Financial Markets　23
2.2.1　Intermediary Functions　23
2.2.2　Financial Functions　24
Section　2.3 Currency (Money) Markets　24
2.3.1　Participants　25
2.3.2　Functions of the Money Market　25
2.3.3　Common Money Market Instruments　26
Section　2.4 Capital Markets　27
2.4.1　Deeply View on Capital Market　28
2.4.2　Examples of Capital Market Transactions　29
2.4.3　Raising Capitals　30
Section　2.5 Derivative Products Markets　32
2.5.1　Future Contracts　32
2.5.2　Forward Contracts　33
2.5.3　Optional Contracts　34
Notes　35
Exercises　36
Chapter　3 Politics and Economics　39
Learning　Objectives　39
Key　Topics　39
Section　3.1 Macroeconomics & Politics　39
3.1.1　Games Between Policy Makers and Voters　40
3.1.2　Games Between Policy Makers　42
Section　3.2 An General Perspective on the Political Economy of Big Change　43
3.2.1　The Social-Political Context and Co-Evolution　43
3.2.2　Embeddedness　44
3.2.3　The Dilemma of Knowledge as a Product and a Resource　44
3.2.4　The Global Perspective on the Evolution　44
3.2.5　Evolutionary Social-Economic Intricacy　45
3.2.6　The Initiation of Self Re-Enforcing Growth　46
Section　3.3 Explosive Changes of Evolution and Communitarian Collective Ownership　46
3.3.1　The Fall-Variety Constraining Order　47
3.3.2　Self Organization and Economics　47
3.3.3　Communitarian Collective Ownership and Strategic Networks　48
Notes　50
Exercises　51

Part　Two Banking Industry in China
Chapter　4 Central Bank—PBC　55
Learning　Objectives　55
Key　Topics　55
Section　4.1 The Reform of PBC　55
4.1.1　Definition of Central Bank　56
4.1.2　Transformation of PBC　56
4.1.3　Reform the Current Financial Structure　57
Section　4.2 The Functions of PBC　59
4.2.1　The Reason for Transformation　59
4.2.2　The Biggest Change of the Functions of PBC　60
4.2.3　The Main Functions of PBC　61
Section　4.3 The Instruments of Central Bank　64
4.3.1　Open Market Operation　65
4.3.2　Reserve Requirements　67
4.3.3　Rediscount　69
Notes　69
Exercises　70
Chapter　5 Commercial Banks　73
Learning　Objectives　73
Key　Topics　73
Section　5.1 Introduction　73
Section　5.2 What Is a Bank　75
5.2.1　Definition and Development of a Commercial Bank　75
5.2.2　How a Commercial Bank Makes and Creates Money　76
5.2.3　The Role of the Banking Sector in China　77
5.2.4　Vigorous Development of the Banking Sector　78
5.2.5　Increased Openness of the Banking Sector　79
Section　5.3 Intermediary Services　79
5.3.1　Settlement-payments and Funds Transfer　80
5.3.2　Plastic Money　80
5.3.3　International Settlement　82
Section　5.4 Loans　82
5.4.1　Definition and Categories of Loans　82
5.4.2　The Credit Process　83
5.4.3　Post-disbursement Management　85
5.4.4　Compound Interest vs. Simple Interest　87
Section　5.5 Banking on the Internet　87
5.5.1　Backgrounds　87
5.5.2　Advantages and Disadvantages of Online Banking　88
5.5.3　The Future Prospects of Online Banking　89
Notes　90
Exercises　91
Chapter　6 Supervision of Banking　93
Learning　Objectives　93
Key　Topics　93
Section　6.1 Importance and Objectives of Banking Supervision　93
6.1.1　The Role of Banks and Importance of Banking Supervision　93
6.1.2　Objectives of Banking Supervision　94
6.1.3　Preconditions for Effective Banking Supervision　95
Section　6.2 Licensing Process　96
6.2.1　Phases of the Process　96
6.2.2　Factors Evaluated by the Chartering Authorities　96
6.2.3　Basel Committee’s Requirements on Bank Licensing　97
Section　6.3 Arrangements for Ongoing Banking Supervision　97
6.3.1　Risks in Banking　97
6.3.2　Key Prudential Issues　99
6.3.3　Off-site Surveillance　104
6.3.4　On-site Examinations　104
Section　6.4 Dealing with Weak Banks　105
6.4.1　Symptoms and Cause of Bank Problems　105
6.4.2　Principles for Dealing with Weak Banks　106
6.4.3　Corrective Actions　106
6.4.4　Resolution Issues and Exit　107
6.4.5　Closure of the Bank: Depositor Pay-off　108
Notes　109
Exercises　110
Part　Three Financial Instruments and Foreign Exchange
Chapter　7 Securities　114
Learning　Objectives　114
Key　Topics　114
Section　7.1 Stock　114
7.1.1　History　115
7.1.2　Shares　115
7.1.3　Types of Stock　116
7.1.4　Shareholder　116
7.1.5　Stock Market　117
7.1.6　Stock Trade　119
7.1.7　Stock Index　120
7.1.8　Stock Derivatives　121
7.1.9　Stock Price Determination and Fluctuations　121
Section　7.2 Bond　122
7.2.1　Issuance of Bond　123
7.2.2　Main Features of Bond　124
7.2.3　The Kinds of Bond　125
7.2.4　Bond Market　126
7.2.5　Bond Market Participants　127
7.2.6　Investing Risk in Bonds　128
Section　7.3 Fund　129
7.3.1　What Is Fund　129
7.3.2　Fund Constitution　129
7.3.3　Unit or Share Class　131
7.3.4　Investment Aims　131
7.3.5　Types of Risk　132
7.3.6　Kinds of Fund　132
Notes　136
Exercises　137
Chapter　8 Foreign Exchange　139
Learning　Objectives　139
Key　Topics　139
Section　8.1 Foreign Exchange Rate　139
8.1.1　Quotations　140
8.1.2　Exchange Rate Classification　141
8.1.3　Bilateral vs. Effective Exchange Rate　142
8.1.4　Exchange Rate Regime　143
8.1.5　Factors Affecting the Changes of Exchange Rate　144
8.1.6　Fluctuations in Exchange Rates　145
Section　8.2 Foreign Exchange Market　146
8.2.1　Market Participants　147
8.2.2　Characteristics　149
8.2.3　Determinants of Exchange Rates　149
8.2.4　Forex Signals　150
Section　8.3 Foreign Exchange Operation　151
8.3.1　Spot or Foreign Exchange Spot　151
8.3.2　Forward　151
8.3.3　Swap　151
8.3.4　Futures or Currency Futures　153
8.3.5　Option or Foreign Exchange Option　154
Section　8.4 Foreign Exchange Exposure　155
8.4.1　Types of Exposure　156
8.4.2　Measurement at Risk　157
8.4.3　Management at Risk　158
Notes　159
Exercises　160
Chapter　9 Futures & Options　161
Learning　Objectives　161
Key　Topics　161
Section　9.1 Futures Trading　161
9.1.1　What Is Futures　161
9.1.2　Margins　162
9.1.3　Settlement-physical vs. Cash-settled Futures　163
9.1.4　Futures Traders　164
Section　9.2 Futures Exchange　165
9.2.1　History of Futures Exchanges　166
9.2.2　Clearing and Settlement　166
9.2.3　Central Counterparty　167
9.2.4　Mark-to-Market　167
9.2.5　Financial Futures　168
Section　9.3 Options　170
9.3.1　Contract Specifications　170
9.3.2　Types　170
9.3.3　Option Styles　172
9.3.4　Trading　172
Notes　173
Exercises　173
Part　Four Insurance
Chapter　10 To Understand Insurance　176
Learning　Objectives　176
Key　Topics　176
Section　10.1 What Is Insurance　176
10.1.1　Modern Insurance　177
10.1.2　Societal Effects　177
Section　10.2 Insurance Policy　178
10.2.1　General Features　178
10.2.2　Parts of an Insurance Contract　179
10.2.3　Industry Standard Forms　180
Section　10.3 Most Important Principles of Insurance　180
Section　10.4 Insurance Market　183
10.4.1　Insurance Companies　183
10.4.2　Reinsurance Companies　184
10.4.3　Insurance Intermediaries　184
Section　10.5 Insurance Business　185
10.5.1　Product Development　185
10.5.2　Distribution Channels　186
10.5.3　Underwriting　187
10.5.4　Loss Settlement　188
10.5.5　Reserve　189
10.5.6　Investment　190
Notes　190
Exercises　192
Chapter　11 Types of Insurance　194
Learning　Objectives　194
Key　Topics　194
Section　11.1 Personal Insurance　194
11.1.1　What Is Life Insurance　194
11.1.2　Health Insurance　196
11.1.3　Accident Insurance　197
Section　11.2 Property Insurance　198
11.2.1　History　198
11.2.2　Types of Coverage　199
11.2.3　Specific Types　199
11.2.4　US Property Insurance Claims　200
Section　11.3 Liability Insurance　201
11.3.1　What Is Liability Insurance　201
11.3.2　Types of Liability Insurance　202
11.3.3　Insurable Risks　203
Section　11.4 Reinsurance　203
11.4.1　Definition　203
11.4.2　Methods of Reinsuring　204
11.4.3　Forms of Reinsurance　204
Notes　206
Exercises　207
Part　Five Banking Letters
Chapter　12 The Exercise of Banking Letters　210
Learning　Objectives　210
Key　Topics　210
Section　12.1 What Is a Banking Letter？　210
Section　12.2 Basic Principles of Banking Letter Writing　212
Section　12.3 The Format of Banking Letter　214
12.3.1　Standard Parts　214
12.3.2　Optional Parts　217
12.3.3　Letter Style　219
12.3.4　Envelope Addressing　222
Section　12.4 Main Types of Banking Letters　224
12.4.1　Letters Concerning Banks Relationship　224
12.4.2　Letters Concerning Bank Accounts and Bank Accounting　226
12.4.3　Letters Concerning Banking Business　227
Notes　229
Exercises　230
主要参考文献　233
更新勘误表和配套资料索取示意图　234

? 本书包括货币与经济、中国的银行业务、金融工具与外汇、保险、银行函电五部分内容，系统地介绍了金融业务、金融市场、金融机构、金融监管等方面的知识。
? 旁注结合尾注方便读者阅读；多种练习题题型引导读者自主学习；二维码链接拓展知识、案例等文档，拓展读者的阅读范围，增强趣味性。
? 教学课件、正文译文、习题答案和模拟试卷等教学和学习资料的索取方式参见“更新勘误表和配套资料索取示意图”。

金融，货币银行学，专业，英语，课件，译文