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Lecture notes Unit 4 - Making markets work £7.49
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  2.  
  3. PEARSON (PEARSON)
  4.  
  5. Economics B
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  7. Unit 4 - Making markets work

Lecture notes

Lecture notes Unit 4 - Making markets work

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These notes helped me get an A* in A Level Economics, covering all aspects of the specification, plus hints of real world context.

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  • June 15, 2023
  • 1
  • 2022/2023
  • Lecture notes
  • Paddingtion zinzombe
  • All classes

Subjects

  • 411 spectrum of competition 412 barriers to e

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4.5.2 Role of financial sector

 Financial liquid assets are exchanges in a financial market
 The stock market is an example of a financial market
 UK financial sector crucial to UK economy

Facilitate saving

 Provide somewhere for firms and consumers to store their funds
 Savings are rewarded with interest payments from the bank

Facilitate exchange of goods and services

 Transfer of real economic resources
 Financial markets can make it easier to exchange goods & services from the physical market
 Provide a way for buyers bs sellers to interact with each other to transfer funds

To provide a market for equities

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