New exchanges in emerging economies
such as Russia, Poland, China, Hungary,
Peru, Sri Lanka
Consolidation of existing exchanges in
Global twenty-four-hour market made
possible by advances in technology
INVESTMENT /FINANCIAL INSTRUMENTS
Chapter 4: Organization and
Functioning of Securities Markets
Questions to be answered:
What is the purpose and function of a
What are the characteristics that determine
the quality of a market?
Economics is the study of how human beings make
choice to allocate scarce resources to satisfy their
unlimited wants in such a manner that consumers
can maximize their satisfaction, producers can
maximize their pro
Supply, Demand, and
Dr. Faisal Khan
In this chapter,
look for the answers to these questions:
What are price ceilings and price floors?
What are some examples of each?
How do price ceilings and price floors affect
A. FOLLOWINGS ARE THE MODEL MCQS WITH SUGGESTED ANSWERS.
1. Assume MUx = 1,000 utils, Px = $50, MUy = 250 and Py = $20. This consumer
a. Should buy less of X and less of Y.
b. Should buy more of X and less of Y.
c. Is in equilibrium.
d. Should buy more of
What are your long-range goals and
What are your short-range goals and
How do you plan to achieve your career
What are the most important rewards you
expect in your career?
Why did you choose the career for which