ECS3701 Monetary Economics (ECS3701)

ECS3701 Assignment 1 Semester 2 2022. ECS3701 - Monetary Economics Everything else held constant, a decrease in interest rates will cause spending on housing to ... a. rise. b. either rise or fall. c. fall. d. remain unchanged. The correct answer is: fall. The problem created by asymmetric information before the transaction occurs is called __________ , while the problem created after the transaction occurs is called ____a. symmetric information; free-riding b. free-riding; costly state ...

ECS3701 MCQ EXAM PACK. ECS3701 - Monetary Economics Definition and functions of money (15 Marks) Answer all questions in part 1. 1.1 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...

ECS3701 Assignment 1 Semester 2 2022. Everything else held constant, a decrease in interest rates will cause spending on housing to ... a. rise. b. either rise or fall. c. fall. d. remain unchanged. The correct answer is: fall. The problem created by asymmetric information before the transaction occurs is called __________ , while the problem created after the transaction occurs is called ____a. symmetric information; free-riding b. free-riding; costly state verification c. adverse selec...

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 ...

ECS 3701 Monetary Economics STUDY NOTES 2022 (All Units). 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 Chapte...

ECS3701 Monetary Economics Assignment 2 Semester 1 & 2 2021. QUESTION 1 Discuss how collateral and indirect finance are used in explaining the basic facts aboutfinancial structure around the world. Collateral is a prevalent feature of debt contracts for both households and businesses. Collateral is property that is pledged to a lender to guarantee payment in the event that the borrower is unable to make debt payments. Collateralized debt (also known as secured debt to contrast it with unsec...

ECS3701 Monetary Economics Assignment 2 Semester 1 & 2 2021. Discuss how collateral and indirect finance are used in explaining the basic facts aboutfinancial structure around the world. Collateral is a prevalent feature of debt contracts for both households and businesses. Collateral is property that is pledged to a lender to guarantee payment in the event that the borrower is unable to make debt payments. Collateralized debt (also known as secured debt to contrast it with unsecured debt, s...

ECS 3701 STUDY NOTES 2022 (All Units) This document contains a complete and an all-inclusive guide to ECS3701 - Monetary Economics. 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 De...

ECS3701 EXAM PACK 2022

ECS3701 STUDY SUMMARY NOTES. This is a complete and an all-inclusive guide to ECS 3701 STUDY NOTES 2022. 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 P...