Economics of Financial Institutions

ECONOMICS OF FINANCIAL INSTITUTIONS (ECON 3011) UNIT 1 PRESENTATION I fancy by now you would fall in at least interpreted a sort at the reading material and circle nones which are not fully completed, by the way. You may take hold noticed that the lecture notes end at some degree at Unit 3 Monetary Policy and the Economy. I shall complete this note In this presentation we shall take a look at each of the following sub-units: Types and Roles of Financial Institutions The fiscal training/stinting growth nexus Bank-based vs.

Market-based Financial Systems The structure of Caribbean Financial Systems By the end of this presentation, you should be able to: - localise and categorise the heterogeneous type of monetary institutions explain the roles played by the financial system/financial institutions critically assess the literature/ say on the relationship between financial development and economic growth critically assess the literature/evidence on the superiority of bank-based financial systems vis-à-vis market-based financial systems understand the structure of financial systems in the Caribbean and assess the implications thereof I. Types and Roles of Financial Systems The diagram at the beginning of the notes clearly illustrates the various types of financial institutions (FIs) e.g. financial intermediaries (Institutions that bridge the gap between borrowers/deficit agents and lenders/surplus agents) and markets for securities i.e. financial instruments, which are negotiable and have some financial worth. You should note the further classification of financial intermediaries into depository institutions (those that accept deposits e.g. commercial banks and credit unions); and non-depository institutions (those that do not accept deposits e.g. insurance companies and stock exchanges). You should be able to identify and explain the... If you want to get a full essay, ready it on our website: Orderessay

If you want to get a full essay, wisit our page: write my essay .