LEADER 04985nam 2200757 a 450 001 9910787594203321 005 20230125233022.0 010 $a1-60649-485-6 035 $a(CKB)2670000000391050 035 $a(EBL)1048445 035 $a(OCoLC)852756230 035 $a(SSID)ssj0001141691 035 $a(PQKBManifestationID)11607636 035 $a(PQKBTitleCode)TC0001141691 035 $a(PQKBWorkID)11093066 035 $a(PQKB)10095715 035 $a(OCoLC)854917589 035 $a(CaBNVSL)swl00402635 035 $a(Au-PeEL)EBL1048445 035 $a(CaPaEBR)ebr10738673 035 $a(CaSebORM)9781606494844 035 $a(MiAaPQ)EBC1048445 035 $a(EXLCZ)992670000000391050 100 $a20130802d2013 fy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 14$aThe fundamentals of money and financial systems$b[electronic resource] /$fShahdad Naghshpour 205 $a1st ed. 210 $a[New York, N.Y.] (222 East 46th Street, New York, NY 10017) $cBusiness Expert Press$d2013 215 $a1 online resource (164 p.) 225 1 $aEconomics collection,$x2163-7628 300 $aPart of: 2013 digital library. 311 $a1-60649-484-8 320 $aIncludes bibliographical references (p. 129-132) and index. 327 $aSection 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. 330 3 $aIt 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. 410 0$a2013 digital library. 410 0$aEconomics collection.$x2163-7628 606 $aMoney 606 $aFinance 610 $abank 610 $abanking 610 $acapital 610 $aconsumption 610 $aFederal Reserve 610 $aliquidity 610 $amonetary 610 $amoney 610 $asavings 610 $atransaction 610 $aspeculative 610 $aquantity theory 615 0$aMoney. 615 0$aFinance. 676 $a332.4 700 $aNaghshpour$b Shahdad$0890738 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910787594203321 996 $aThe fundamentals of money and financial systems$93730113 997 $aUNINA