There are five major forms of economic policy (or, more strictly macroeconomic policy) conducted by governments that are of relevance. These are: monetary policy; fiscal policy; exchange rate policy; prices and incomes policy; and national debt management policy. Monetary policy… Read More


Interest rate is the price that a borrower of funds must pay to the lender to secure use of funds for a specified period. An interest rate is a predetermined or negotiated payment made or received for the temporary use… Read More


METHODS OF OPERATION OF THE CENTRAL BANK INCLUDING PRUDENT REGULATION OF THE FINANCIAL SYSTEM. Functions of central bank-Money and banking handout. The rationale for regulation Financial systems are prone to periods of instability. In recent years, a number of financial… Read More