StudyPath

BAM 124 Principles of Economics 2

ND1 levelManagement & Administration15 topics

BAM 124 covers 15 topics. StudyPath paces them into daily study sessions that finish before your exam date, with practice questions and worked answers for each one.

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Course outline

The topics this course covers, in teaching order.

  1. Money and supply of money
  2. Banking system and Central Bank
  3. Financial institutions and sources of capital
  4. Investment principles and capital market
  5. National income concepts and measurement
  6. Consumption, saving and investment analysis
  7. Multiplier and accelerator
  8. International trade
  9. Balance of payments and exchange rates
  10. International economic institutions
  11. Economic development theories and stages
  12. Technology and economic development
  13. Public finance: government revenue and expenditure
  14. Deficit financing and budget surplus
  15. Taxation and its economic effects

A sample from this course

One topic, as StudyPath teaches it.

Money and supply of money

Money and the supply of money is a cornerstone of macro‑economics, explaining how the quantity of money in an economy influences prices, output, and interest rates. Mastery of the definitions of money, the tools of monetary policy, and the mechanisms of money creation (especially through the banking system) is essential for any exam question on monetary economics.

What you get for BAM 124