Econ Assignment 1.pdf - Econ Assignment 1 1 Briefly explain the two main macro-economic functions of financial markets as discussed in class The two

Econ Assignment 1.pdf - Econ Assignment 1 1 Briefly explain...

This preview shows page 1 out of 1 page.

Econ Assignment 1 1. Briefly explain the two main macro-economic functions of financial markets as discussed in class? 2. Provide an example of each direct and indirect financial exchange and explain the conceptual difference between the two. Direct financial exchange is when borrowers borrow funds directly from financial markets by selling securities an example would be investment in the stock market or more specifically the NYSE. Indirect financial exchange is when a financial intermediary borrows funds from lender-savers and then uses these funds to make loans to borrower-spenders. An example of a financial intermediary would be a mutual fund or even something as simple as a commercial bank. 3. Listen to this recording
Image of page 1

You've reached the end of your free preview.

Want to read the whole page?

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes