TAILIEUCHUNG - Lecture Principles of economics - Chapter 26: Saving, investment, and the financial system

This chapter examines how the financial system works. First, we discuss the large variety of institutions that make up the financial system in our economy. Second, we discuss the relationship between the financial system and some key macroeconomic variables notably saving and investment. Third, we develop a model of the supply and demand for funds in financial markets. | 26 Saving, Investment, and the Financial System The Financial System The financial system consists of the group of institutions in the economy that help to match one person’s saving with another person’s investment. It moves the economy’s scarce resources from savers to borrowers. FINANCIAL INSTITUTIONS IN THE . ECONOMY The financial system is made up of financial institutions that coordinate the actions of savers and borrowers. Financial institutions can be grouped into two different categories: financial markets and financial intermediaries. FINANCIAL INSTITUTIONS IN THE . ECONOMY Financial Markets Stock Market Bond Market Financial Intermediaries Banks Mutual Funds FINANCIAL INSTITUTIONS IN THE . ECONOMY Financial markets are the institutions through which savers can directly provide funds to borrowers. Financial intermediaries are financial institutions through which savers can indirectly provide funds to borrowers. Financial Markets The Bond Market A bond is a .

• Kinh tế học
• Principles of economics
• Lecture Principles of economics
• Financial system
• Financial markets
• Financial intermediaries
• Stock market
• Ten principles of economics
• People face tradeoffs
• Opportunity cost
• Marginal changes
• Economics of information
• Consumer choice
• Free rider problem
• Market transactions
• Welfare Economics
• Consumer surplus
• Demand curve
• Efficiency of markets
• Nature of an externality
• Market inefficiency
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• Principles of microeconomics
• Lecture Principles of microeconomics
• Scarce resources
• Scarcity implies choice
• Choice implies cost
• Principles of agricultural economics
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• Theory of consumer behaviour
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• Economics of trade
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• Thinking like an economist
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• Macroeconomic policy
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• Stabilize the economy
• Monetary policy