Types of financial institutions and their functions
Economics SSS 2 Third Term
WEEK 7
Types of financial institutions and their functions
Performance Objectives
Student should be able to:
- Define money market.
- Define capital market.
- Identify the types of financial institutions
- Identify their functions.
Content
Structure and functions of money market
Money market can be defined as a market for short-term. The market consists of individuals and institutions that either have money to lend or wish to borrow on a short term basis.
Instruments used in the money market
1. Bill of exchange: This refers to a promissory note which shows the acknowledgement of indebtedness by a debtor to pay his creditor and his intention to pay the debt on demand.... View More
Subscribe now to gain full access to this lesson note
Take Me ThereClick here to gain access to the full notes.
- Elementary treatment of fiscal policy (I)
- Elementary treatment of fiscal policy (II)
- Balanced and unbalanced budget (I)
- Balanced and unbalanced budget (II)
- Elements of national accounting
- Economics SSS2 Third Term Mid-Term Assessment
- Test
- Elements of national accounting – Method of measuring national income
- Types of financial institutions and their functions
- Types of financial institutions and their functions ii
- Money: Demand for and supply of money
- Money: Inflation and Deflation
- Economics SSS2 Third Term Final Assessment
- Test
- Chapters 12
- Category SSS2
- Author ClassNotes Edu
For Schools & Teachers
For Schools and Teacher who want to subscribe to all of the subjects, a class or term at a discounted price.
Order Now
Create Your Bundle
Need many subjects? Waste no time. Select many subjects together in one subscription at a discounted price.
Create Bundle