This book is devoted to a systems-theoretical presentation of the main results of money and financial institutions by using the systemic yoyo model and relevant analytical tools. The author presents the main concepts and results in the language of systems science, which has in the past century brought forward revolutionary applications of systems research in various areas of the traditional disciplines. This book can be used as a textbook for researchers and graduate students in economics, finance, systems science, and mathematical / systems modeling. It will also be useful as a reference book for applied economists and various policy makers.

Part 1:Preparation 1. Overview; 2. The Yoyo Model and Its Justification; Part 2: Domestic Financial System: Seen as a Closed System 3. The Financial Infrastructure; 4. Supply and Demand of Money; 5. Interest: A Factor Influencing Monetary Supply and Demand; 6. Monetary Policy: Another Factor Influencing Monetary Supply and Demand; 7. Portfolio of Assets; Part 3: International Financial System: Seen as an Ocean of Interacting Semi-Closed Systems; 8. International Monetary System; 9. International Reserves and Capital Flows; 10. Financial Globalization and Its Consequences; 11. Financial Crises and Currency Wars; Appendix 11A: Feedback: A General Systems Approach; 12. Modern China: A Quick Glance

Dr. Jeffrey Yi-Lin Forrest, also known as Yi Lin, holds all his educational degrees (BS, MS, and PhD) in pure mathematics from Northwestern University (China) and Auburn University (USA) and had one year of postdoctoral experience in statistics at Carnegie Mellon University (USA). Currently, he is a guest and specially appointed professor in economics, finance, systems science, and mathematics at several major universities in China, including Huazhong University of Science and Technology, National University of Defense Technology, Nanjing University of Aeronautics and Astronautics, and a tenured professor of mathematics at the Pennsylvania State System of Higher Education (Slippery Rock campus). Since 1993, he has been serving as the president of the International Institute for General Systems Studies, Inc. Along with various professional endeavors he organized, Dr. Forrest has had the honor to mobilize scholars from over 80 countries representing more than 50 different scientific disciplines.
Over the years, he has served on the editorial boards of 11 professional journals, including Kybernetes: The International Journal of Cybernetics, Systems and Management Sciences, Journal of Systems Science and Complexity, International Journal of General Systems, and Advances in Systems Science and Applications. And, he is the editor of the book series entitled Systems Evaluation, Prediction and Decision-Making, and the editor of the book series "Communications in Cybernetics, Systems Science and Engineering", both published by Taylor and Francis with the former since 2008 and the latter since 2011.
Some of Dr. Forrest's research was funded by the United Nations, the State of Pennsylvania, the National Science Foundation of China, and the German National Research Center for Information Architecture and Software Technology.
Professor Jeffrey Forrest's professional career started in 1984 when his first paper was published. His research interests are mainly i