You are on page 1of 33

www.wunan.com.

tw (02)27055066

www.wunan.com.tw (02)27055066


200932014
FedQE

1.

2.

3.

1231

www.wunan.com.tw (02)27055066

III

www.wunan.com.tw (02)27055066

III

Unit 1-1

002

Unit 1-2

004

Unit 1-3

006

Unit 1-4

008

Unit 1-5

010

Unit 1-6

012

Unit 1-7

014

Unit 1-8

016

Unit 1-9

018

Unit 2-1

022

Unit 2-2

024

Unit 2-3

026

Unit 2-4

028

Unit 2-5

030

Unit 2-6

032

Unit 2-7

034

Unit 2-8

036

Unit 3-1

040

Unit 3-2

042

www.wunan.com.tw (02)27055066


Unit 3-3

044

Unit 3-4

046

Unit 3-5

048

Unit 3-6

050

Unit 3-7

052

Unit 4-1

056

Unit 4-2

058

Unit 4-3

060

Unit 4-4

062

Unit 4-5

064

Unit 4-6

066

Unit 4-7

068

Unit 4-8

070

Unit 4-9

072

VI

Unit 5-1

076

Unit 5-2

078

Unit 5-3

vs.

080

Unit 5-4

082

Unit 5-5

084

Unit 5-6

086

Unit 5-7

Part I

088

Unit 5-8

Part

090

www.wunan.com.tw (02)27055066


Unit 3-3

044

Unit 3-4

046

Unit 3-5

048

Unit 3-6

050

Unit 3-7

052

Unit 4-1

056

Unit 4-2

058

Unit 4-3

060

Unit 4-4

062

Unit 4-5

064

Unit 4-6

066

Unit 4-7

068

Unit 4-8

070

Unit 4-9

072

Unit 5-1

076

Unit 5-2

078

Unit 5-3

vs.

080

Unit 5-4

082

Unit 5-5

084

Unit 5-6

086

Unit 5-7

Part I

088

Unit 5-8

Part

090

VI www.wunan.com.tw (02)27055066

Unit 6-1

094

Unit 6-2

vs.

096

Unit 6-3

098

Unit 6-4

100

Unit 6-5

102

Unit 6-6

104

Unit 6-7

106

Unit 7-1

110

Unit 7-2

112

Unit 7-3

114

Unit 7-4

116

Unit 7-5

118

Unit 7-6

120

Unit 7-7

122

Unit 7-8

124

Unit 8-1

128

Unit 8-2

130

Unit 8-3

132

Unit 8-4

134

Unit 8-5

136

Unit 8-6

138

www.wunan.com.tw (02)27055066

VII

Unit 9-1

142

Unit 9-2

144

Unit 9-3

146

Unit 9-4

148

Unit 9-5

150

Unit 9-6

152

Unit 9-7

154

10

Unit 10-1

158

Unit 10-2

160

Unit 10-3

162

Unit 10-4

164

Unit 10-5

166

Unit 10-6

168

11

Unit 11-1

PK

172

Unit 11-2

174

Unit 11-3

176

Unit 11-4

178

Unit 11-5

180

Unit 11-6

182

Unit 11-7

184

VIII www.wunan.com.tw (02)27055066

Unit 11-8

186

Unit 11-9

188

12

Unit 12-1

192

Unit 12-2

194

Unit 12-3

196

Unit 12-4

198

Unit 12-5

200

13

Unit 13-1

204

Unit 13-2

206

Unit 13-3

208

Unit 13-4

210

Unit 13-5

212

Unit 13-6

214

Unit 13-7

216

218

220

Unit 13-8
Unit 13-9

14

Unit 14-1

224

Unit 14-2

226

Unit 14-3

228

www.wunan.com.tw (02)27055066

IX


Unit 14-4

230

Unit 14-5

232

Unit 14-6

234

Unit 15-1

238

Unit 15-2

240

Unit 15-3

242

Unit 15-4

244

Unit 15-5

246

Unit 15-6

248

Unit 15-7

17

250

Unit 15-8

252

15

16

Unit 16-1

256

Unit 16-2

258

Unit 16-3

260

Unit 16-4

262

Unit 16-5

264

Unit 16-6

II

266

Unit 16-7

268

Unit 16-8

270

www.wunan.com.tw (02)27055066

Unit 1-1
Unit 1-2
Unit 1-3
Unit 1-4
Unit 1-5
Unit 1-6
Unit 1-7
Unit 1-8
Unit 1-9

www.wunan.com.tw (02)27055066

Unit 1-1

Unit 1-2

borrower

1. 2002013773835200
0.335Unit 4-5
3000.1153,000
3%

2.

002

1
1.4%
11,000
10.1

five lending domestic banks


200810
200811

www.wunan.com.tw (02)27055066

()

()
1.
2.
3.

()
()

003

4%

3%

2%

1%

0%
2006

2007

2008

2009

2010

2011

2012

2013

www.wunan.com.tw (02)27055066

1-2

Unit

monetary aggregate Unit


1-6

1. M1B
M2
2.

004

1. ~1990
40%24%

2. M1B
M1B2009
1%0.89%
5%20102009

1991119996
19942200112

200723.375%24%
2012101.875%

2011112510M1BM2
82009
1990M1BM2

1012.861,148627
2.6310.49

www.wunan.com.tw (02)27055066



M1B(8.5)

30

M2(6.78)

25

10000

20

8000

15

6000

10
5

M2

2000

10M1B4M2
3
1,000~2,000

0
99 00

01 02 03

04 05 06 07

-5
-10

08 09 10 11 12

19942

5414

5.5%

19971

7283

5%

19996

8467

4.5%

200112

5551

2.125%

20072

7901

2.75%

20094

5995

1.25%

201210

7438

1.875%

-11.45%

-3.6%

9.3%

5.04%

8.13%

1.64%

15.73% -13.47%

11.34%

25%

5.78%

-3%

2.63%

-0.22%

-0.11%

-2.26%

-2.45%

5.17%

www.wunan.com.tw (02)27055066

M1BM2200910
20081139552009
4200670057%

M1B

4000

(6.73)

12000

005

1-3

Unit

moneybank
nancing

currency
barter
Unit 1-4

006

16Unit 2-2
Indirect Financing
Unit 6-2

direct nancing
1. 16

2. 1602

500

www.wunan.com.tw (02)27055066

(Currency)

16

18

()
paper
money
1.
2.

10 2 4

(Bank)

(Bond)

(Bill)

(Stock)

()
1580

18
19

()
Treasury
Bond

()

Bank
Acceptance,
BA

()
1.

2.
1897
23

()
()
()
Corporate Commercial
1915
Bond
Paper, CP

()
1.
2.

()

Negotiable
Certificate of
Deposit, NCD

()

1792

()

1962

www.wunan.com.tw (02)27055066

()
coins

1.
2.

1792

2000

007

1-4

Unit

currency

1. Commodity Money

2. Metallic Money

1.

008

2.

3.

4. 1853

Unit 1-9

www.wunan.com.tw (02)27055066

(1)

(2)10041007
16

009

www.wunan.com.tw (02)27055066

1-5

Unit

1. Standard of Money

2. Standard System

3.

109
010

197810

505024
505
10

5,0001.4currency held by the public


www.wunan.com.tw (02)27055066

Commodity
Money

011

100%

1,3001,300
305700

50%

0%

* 20141423.6 WCG

www.wunan.com.tw (02)27055066

1-6

Unit

payment system

5%payment

nancial innovation

Unit 1-4

1.

2.

3. 199710
012

ATM

1. icashDebit Card

credit card
Unit 7-6

2. 37
15

5 1970 Automatic Teller


Mashine, ATM20108.5

www.wunan.com.tw (02)27055066

NFC

()

2.

1.

()

()

ATM

()

()

()

()

()

1.ATM Cards
2.

1960

1980

2013110

1989
VISA

1974

1.91


2013

20139

116

18

2013

21

199710

Electronic Fund Transfer

1990

Plastic Money

1970

www.wunan.com.tw (02)27055066

013

1-7

Unit

1. vs.

2. vs.

1.

2.
014

3.

4.

www.wunan.com.tw (02)27055066

M2

1.45%
2.7.4%
3.7.6%

1.
Speculative
Motive

M1BM1A

Standard of
Value

Means of
Payment

Medium of
Exchange

M1A

Transaction
Motive
1.

2.

3.

1.

2.
3.

www.wunan.com.tw (02)27055066

2.
Precautionary
Motive

M1B

M2M1B

Store of
Value, SOV

1,00010
1,000

Standard
of Deferred
Payment

015

1-8

Unit

Transaction Motive

Unit 1-6

1.

2.
016

3. 6570

2013128

230

www.wunan.com.tw (02)27055066

V31
3

PPrice
TTransaction
MMoney
VVelocity

1.

2.

www.wunan.com.tw (02)27055066

PT M V
15.035V

PT MV

2013

PT
15.03
MM1A5

Irving Fisher1911

017

1-9

Unit

1936John Keynes
Liquidity Preference TheoryMoney Demand, Md

Unit 1-8

Monetary Aggregate

Mind MapM1AM1BM2M3
M1AM2

1. M0 M1
M1M2M3M4
M1AM1BM2M2M2Quasi Money
Money Market Fund
20135.86
018

2. M1A M1B M2
M1AM2

M1Acurrency
M1B
M2M1B
M1A 5M1B 13M2 35

M1A
M1B
M2

www.wunan.com.tw (02)27055066

1.

2.

2.

Transaction Motive Speculative Motive Precautionary Motive

2.

3.

4.

3 2013

1.
Y

1.Medium of Exchange
2.Unit of Account
3.Store of Value, SOV
4.Standard of Deferred Payment

M2Broad Money35

22
Quasi Money
M1B13

NCD13
M1A
5

0.0067
RP 0.2

0.2

5
3.4

Monetary Aggregate
Monetary Aggregate
Monetary Money Aggregate(n)
Monetary Aggregate2,335
750
www.wunan.com.tw (02)27055066

019

Unit 2-1
Unit 2-2
Unit 2-3
Unit 2-4
Unit 2-5
Unit 2-6
Unit 2-7
Unit 2-8

www.wunan.com.tw (02)27055066

2-1

Unit

17
11

111380
022

market
Capital Market
money market
bill market)bill

21

201315702014

www.wunan.com.tw (02)27055066


. .
04
.
,
2014.
., 2008.08
.
ISBN 978-957-11-7565-2
ISBN 978-957-11-5229-5 ()
1.
1.2.3.
561
103003848
489.67
97009174

1MCH
1MCX

275





1063394

(02)2705-5066(02)2706-6100

http://www.wunan.com.tw

106 339 4
wunanwunan.com.tw

(02)2705-5066
(02)2706-6100
0 1 0 6 8 9 5 3

http://www.wunan.com.tw

wunan@wunan.com.tw
/6
01068953
(04)2223-0891(04)2223-3549

/290

6
(07)2358-702
(07)2350-236


(04)2223-0891
(04)2223-3549

290
2 0 0 8
8

(07)2358-702
(07)2350-236
350

2014 4

350

www.wunan.com.tw (02)27055066

You might also like