The Financial System, Financial Regulation and Central Bank Policy

Part I: Introduction to the Financial and Monetary Regime
1. The financial and monetary regime
2. Basic concepts regarding money

Part II: The Financial System Component of the Financial and Monetary Regime
3. The financial system and the country's flow of fund
4. Interest rates in the financial system
5. The level of interest rates
6. The structure of interest rates
7. International dimensions of the financial system

Part III: The Role of Government in the Financial and Monetary Regime
8. The basic roles of government in the financial and monetary regime
9. Regulation and supervision of the financial system
10. A short history of the US financial and monetary regime in action

Part IV: Five Steps to Understanding Central Banks and Central Bank Policy
11. The five steps and step 1 the institutional design of the central bank
12. Central banks, base money and the money supply
13. Step 2 tools of monetary policy and step 3 monetary policy instruments
14. Step 4 the central bank model of the economy
15. Step 5 final policy targets
16. Monetary policy tactics, strategy and rules versus discretion;

Part V: Performance of the US financial and monetary regime
17. Five important periods in the US financial and monetary regime