Ecs3701 notes Study guides, Study notes & Summaries

Table of Contents Part 1- Introduction Chapter 1: Why study money, banking and financial markets? Chapter 2: An overview of the financial system Chapter 3: What is money? Part 2 - Financial Markets Chapter 4: Understanding interest rates Chapter 5: The behaviour of interest rates Chapter 6: The risk and term structure of interest rates Part 3 - Financial institutions Chapter 8: An economic analysis of financial structure Chapter 9: Financial crises in advanced economies Chapter 10: F...

ECS 3701 STUDY NOTES 2022 (All Units). CHAPTER 1: WHY STUDY MONEY, BANKING AND FINANCIAL MARKETS Why study financial markets? Securities - a claim on the issuer’s future income or assets that is sold by a borrower to a lender. Securities may also be referred to as financial instruments. Financial instruments may be divided into two main categories: money market instruments (e.g. Negotiable Certificate of Deposit (NCDs), Commercial Papers; Retirement Annuity (RAs) and Bankers Acceptance...

ECS3701 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for October November 2023 exams . For assistance Whats-App.0.6.7..1.7.1..1.7.3.9 . All the best on your exams!!

ECS3701 Oct/Nov 2017 1. Explain the following terms i. Inflation targeting Monetary policy strategy that involves public announcement of a medium-term numerical target for inflation. ii. Interest rate risk The riskiness of earnings and returns that is associated with changes in interest rates iii. Monetary Policy Monetary policy can be defined as the measures taken by the monetary authorities to influence the quantity of money or the rate of interest with a view to achieving st...

ECS3701 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for 2024 exams . For assistance Whats-App.0.6.7..1.7.1..1.7.3.9 . All the best on your exams!!

ECS3701 MCQ EXAM PACK. Monetary Economics. List and explain the three primary functions of money. (2) Medium of Exchange: money serves as a medium of exchange allowing it to be used as payment for goods and services. As such it promotes economic efficiency by reducing the time taken for transactions to take place. Unit of Account: used to measure value of goods and services in an economy and helps to reduce transaction costs. Store of Value: serves as a store of purchasing power from th...

ECS3701 MCQ EXAM PACK. List and explain the three primary functions of money. (2) Medium of Exchange: money serves as a medium of exchange allowing it to be used as payment for goods and services. As such it promotes economic efficiency by reducing the time taken for transactions to take place. Unit of Account: used to measure value of goods and services in an economy and helps to reduce transaction costs. Store of Value: serves as a store of purchasing power from the time the income is ...

Learning unit 1: An overview of the South African Macroeconomic Environment Economic growth - Economic growth takes place when the total output (production) of goods and services in an economy increases. It is traditionally defined as the annual rate of increase in total output (production) or income in the economy. This definition has to be qualified in two important respects. 1. Production, or income should be measured in real terms – that is, the effects of inflation should be elimi...