Exam (elaborations)
2024 Econ331 - Summary Money and Banking Concordia University
- Course
- Institution
2024 Econ331 - Summary Money and Banking Concordia University
[Show more]
Seller
Follow
smartzone
Reviews received
Content preview
lOMoARcPSD|107546542024 Econ331 - Summary Money and
Banking Concordia University
,lOMoARcPSD|10754654
, lOMoARcPSD|10754654
Chapter Summaries
Chapter 1: Why study Money and Banking
1) Activities in financial markets have direct effects on individuals wealth, the behaviour of businesses, and the efficiency
of our economy. Three financial markets deserve particular attention: the bond market (where interest rates are
determined), the stock market (which has a major effect on people s wealth and on firms investment decisions), and
the foreign exchange market (because fluctuations in the foreign exchange rate have major consequences for the
Canadian economy).
2) Banks and other financial institutions channel funds from people who might not put them to productive use to
people who can do so and thus play a crucial role in improving the efficiency of the economy.
3) Money appears to have a major influence on inflation, business cycles, and interest rates. Because these economic
variables are so important to the health of the economy, we need to understand how monetary policy is and should
be conducted. We also need to study government fiscal policy because it can be an influential factor in the conduct of
monetary policy.
4) This textbook stresses the economic way of thinking by developing a unifying analytic framework for the study of
money, banking, and financial markets using a few basic economic principles. This textbook also emphasizes the
interaction of theoretical analysis and empirical data.
Chatper 2: Overview of the Financial System
)
, lOMoARcPSD|10754654
Chapter #3: What is Money?
Summary
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller smartzone. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79223 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now