商务英语阅读2-unit2MoneyanditsFunctions.ppt

Unit 2 Money and Its Functions Leaning Objectives To learn some knowledge about money and its functions To learn some expressions To learn how to summarize the main idea of a text Some topics for discussion in class: What does the word “money” mean in the following expressions: How much money do you want for this? b. How much money do you make? c. They have a lot of money. Lead-in (price) (income) (wealth) Background Information Definition of Money: Money is anything that is generally accepted as payment for goods and services and repayment of debts. 货币是某种被普遍接受用作交换（支付）商品、服务以及偿还债务的标准物品。 Background Information Development of Money: Barter → Shell → Copper → Silver or Gold (Coins) → Paper money → Credit Card / Electronic Money Background Information Development of Money: → → → → → → Background Information Functions of Money a medium of exchange交换媒介 a unit of account记账单位 a store of value价值储藏 a standard of deferred payment延期支付标准 Background Information Monetary Policy 货币政策 Monetary policy is the process 措施a government central bank, or monetary authority of a country uses to control 1)the supply of money, 2) availability of money and 3) cost of money or rate of interest to obtain the growth and stability of the economy. Current monetary policy: 适度宽松 Moderately easy monetary policy Background Information 4 Types of money Commodity money 商品货币/实物货币 Token money 代用货币，如古代的银票可换金银 Fiat money 信用货币，由于世界性经济危机，许多国家被迫脱离金本位和银本位，所发行的纸币不能再兑换金银等金属货币。 当今世界各国几乎都采用信用货币，政府通过强制手段令其成为法定货币如支票存款，各国纸币等 4）Electronic money电子货币 补充： legal tender法定货币,即法律规定通用的货币，如人民币、美元、欧元等 Notes and Comments Key Words and Expressions defer 延迟 barter 以货易货 commodity商品 quote 报价 inflation 通货膨胀 token 象征 monetary 货币的 economize 节约 illegal 非法的 enforce 强制执行 unit of account 记账单位 legal tender 法定货币 Iou= I owe you 借据 Notes and Comments Structure of