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Economics of the Financial System (ECON125)

Course description

In the financial system funds flow from those who have surplus funds to those who have a shortage of funds, either by direct, market-based financing or by indirect, bank-based finance. A well-developed financial system (comprising money, financial instruments, financial markets, financial institutions, government regulatory agencies and central banks) improves the efficiency of financing decisions, favouring a better allocation of resources and thereby economic growth. What is the underlying ...


Seminar Required

Graded, 1.0 Credit Units

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