unit one money, monetary policy and the function of money　part a text　　i. the meaning of money　　ii. the origins and kinds of money　　iii. the functions of money　　iv. the monetary policy and money supply　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit two foreign exchange, exchange rate and foreign exchangemarket　part a text　　i. foreign exchange　　ii. exchange rate　　iii. foreign exchange market　　iv. elements influencing exchange rates　　v. types of foreign exchange transactions　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit three financial instruments　part a text　　i. definition of financial instruments　　ii. categorization　　iii. traditional financial instruments　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit four commercial banks　part a text　　i. what is a commercial bank?　　ii. the history of commercial banks　　iii. the operations of commercial banks　　iv. the commercial banks in china　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit five central bank　part a text　　i. brief introduction of central banks　　ii. the history of central bank　　iii. the functions of the central bank　　iv. the central bank and monetary policy　　v. the people's bank of china (pbc)　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit six financial markets　part a text　　i. functions of financial markets　　ii. the major players in financial markets　　iii. types of markets　　iv. types of investment risk　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit seven insurance　part a text　　i. insurable interest　　ii. insurance premium　　iii. insurance policy or certificate　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit eight inflation　part a text　　i. measuring inflation　　ii. effects of inflation　　iii. causes of inflation　　iv. controlling inflation　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit nine balance of payments　part a text　　i. what is the balance of payments (bop)?　　ii. current account　　iii. capital account　　iv. financial account　　v. official international reserves　　vi. net errors and omissions　　vii. balance of payments equilibrium　　viii. bop adjustment　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit ten the international monetary system　part a text　　i. the gold standard system　　ii. the bretton woods system　　iii. the floating exchange rate system　　iv. the european monetary system　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit eleven payment in international trade　part a text　　i. modes of international payment　　ii. remittance　　iii. collection　　iv. letter of credit　part b words & phrases　part c terminology practice　part d exercises　part e supplementary readingunit twelve international finance organization　part a text　　i. the international monetary fund (imf)　　ii. the world bank　　iii. the asian development bank (adb)　part b words & phrases　part c terminology practice　part d exercises　part e supplementary reading