Month: March 2023

Money is any asset that is generally acceptable as a means of payment to settle transactions as well as a medium of exchange.it is anything that is generally acceptable for payment of debts. Stages in development of money Historically, the Read More …

There are five major forms of economic policy (or, more strictly macroeconomic policy) conducted by governments that are of relevance. These are: monetary policy; fiscal policy; exchange rate policy; prices and incomes policy; and national debt management policy. Monetary policy Read More …

Interest rate is the price that a borrower of funds must pay to the lender to secure use of funds for a specified period. An interest rate is a predetermined or negotiated payment made or received for the temporary use Read More …

METHODS OF OPERATION OF THE CENTRAL BANK INCLUDING PRUDENT REGULATION OF THE FINANCIAL SYSTEM. Functions of central bank-Money and banking handout. The rationale for regulation Financial systems are prone to periods of instability. In recent years, a number of financial Read More …

TOPIC ONE : FINANCIAL MARKETS – Click to view TOPIC TWO: INTEREST RATES – Click to view TOPIC THREE: ECONOMIC POLICY – Click to view TOPIC FOUR: MONEY AND BANKING – Click to view TOPIC FIVE: SUPERVISION AND REGULATION OF Read More …