Join Our WhatsApp Channel for Updates!
BFM 311: Money and Banking
| Institution | MOUNT KENYA UNIVERSITY |
| Course | FINANCE & ACCOUNTING |
| Year | 3rd Year |
| Semester | Unknown |
| Posted By | Codred Agencies |
| File Type | |
| Pages | 72 Pages |
| File Size | 458.06 KB |
| Views | 2145 |
| Downloads | 3 |
| Price: |
Buy Now
 Buy via
whatsapp
|
Description
A standard definition of money is anything generally accepted for payment of a debt. A debt is an obligation incurred when a business transaction takes place. Money is a
medium of exchange sought for the purpose of transacting exchange of commodities /services / goods. A commodity chosen as money can not be used for other purposes rather ensuring that business transaction takes place. This then implies that a commodity taken as money must be universally accepted by the users if it has to retain its value.
Below is the document preview.
-page06.jpeg)
BUDOO1 BUSINESS MATHEMATICS
Trending!
UPDATED NOTES ON BUSINESS MATHEMATICS
8 Pages
3809 Views
1 Downloads
1.15 MB
EAE200 ECONOMICS OF GLOBAL BUSINESS
Trending!
This course is designed to provide students with a systematic understanding of the critical aspects of the contemporary global economic and business environment especially the global business strategy formulation and implementation, and ethical concerns in global business
3921 Views
0 Downloads
834.5 KB
EAE302 ECONOMICS OF MICROFINANCE I
Trending!
UPDATED NOTES ON ECONOMICS OF MICROFINANCE I
3808 Views
1 Downloads
1.11 MB
EAE 310: ECONOMICS OF MONEY AND BANKING
Trending!
This course is designed to expose undergraduate students to understand what money is and the theories of money supply and money demand. To know the roles of the central bank and understand how monetary policy works.
3866 Views
1 Downloads
279.42 KB
EAE 301: TAXATION ECONOMICS AND POLICY
Trending!
UPDATED NOTES ON TAXATION ECONOMICS AND POLICY
4011 Views
0 Downloads
1.63 MB
EAE201 ECONOMICS OF PUBLIC EXPENDITURE
Trending!
This course introduces students to welfare economics and analysis of key issues in public expenditure policies that affect individual
behaviour and how the government sets policies
89 Pages
3367 Views
1 Downloads
880.41 KB
EAE304 LABOUR ECONOMICS
Trending!
REVISED NOTES ON LABOUR ECONOMICS
94 Pages
3224 Views
1 Downloads
1.42 MB
EAE 408: ECONOMICS OF INDUSTRY
Trending!
UPDATED NOTES ON ECONOMICS OF INDUSTRY
3696 Views
0 Downloads
1.44 MB
EAE 405: DEVELOPMENT PLANNING
Trending!
This course is to introduce learners to the knowledge of basic concepts and techniques of development policy making and development planning in particular. Learners will be exposed to the nature of development planning, its rationale, planning techniques and plan failure.
3916 Views
0 Downloads
916 KB
EAE404 ECONOMICS OF PUBLIC ENTERPRISES
Trending!
UPDATED NOTES ON ECONOMICS OF PUBLIC
ENTERPRISES
86 Pages
3806 Views
1 Downloads
411.73 KB