Commercial Banks and The Central Bank

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Course Goals:

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Understand commercial banks and the Central Bank’s function.
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Understand the significance of depositing cash into a bank account.
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Describe the value of public bank accounts and bank loans.
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Explain the meaning of the reserve ratios that the central bank sets.
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Understand how a bank balance sheet works and what they look like.
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Understand the uniqueness of the money market and basic concepts like “lender”, “borrower”, “principal” and “interest”.
Course average duration :
7 Hours
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Overview
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Money changes hands in the economy, bringing together the people that have money and those seeking to borrow it. This course provides you with the tools needed to understand the “money changing hands” situation and learn how to calculate changes in the money supply. This course is presented in a simple and easy to use format, using illustrations and examples suitable for those with little to no prior knowledge or experience with the subject matter.
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