MONETARY THEORY AND POLICY

TOPIC 1: MONEY BANKS – Click to view TOPIC 2: FINANCIAL MARKETS, FINANCIAL INSTITUTIONS AND FINANCIAL INSTRUMENTS – Click to view TOPIC 3: MONEY DEMAND AND SUPPLY – Click to view TOPIC 4: MONEY AND INFLATION – Click to view Read More …

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INFLATION

This is a persistent and generalized increase in price levels  making the consumers to have a low purchasing power. It is a process in which price levels are rising at a rapid rate and money is losing value. It is Read More …

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BALANCE OF PAYMENTS AND EXCHANGE RATES

The Determinants of Rate of Exchange The determination of foreign exchange rate can be traced from two theories of exchange rates. The Mint Power Parity Purchasing Power Parity The Mint Power Parity relates to equating standard coins of different countries Read More …

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CORPORATE FINANCE AND RISK MANAGEMENT

CORE CONCEPTS IN CORPORATE FINANCE. Forward contracts. This is a market for currencies that enables a MNC to lock in the exchange rate(forward rate) at which it buys or sells a currency.it specifies the amount of a particular currency that Read More …

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MONEY AND BANKING

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 …

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ECONOMIC POLICY

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 …

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INTEREST RATES

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 …

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FINANCIAL MARKETS

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 …

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MONETARY FINANCE

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 …

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