Econ 331 - Chapter 1 Textbook Notes

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Concordia University. ECON 331: Money and Banking. Prof. Moshe Lander Textbook: The Economics of Money, Banking, and Financial Markets. Sixth Candian Edition. By Frederic S. Mishkin and Apostolos Serletis. Notes on Textbook Chapter 1.
Jen Pen
Note by Jen Pen, updated more than 1 year ago
Jen Pen
Created by Jen Pen almost 6 years ago
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Page 1

Chapter 1 - Why Study Money, Banking and Financial Markets

Financial Markets: markets where funds are transferred from people who have an excess of available funds, to people who have a shortage. -Financial markets are crucial to promoting greater economic efficiency by channeling

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