What is meant by subprime mortgage crisis? Describe the causes and risks of subprime mortgage crisis to the various markets in your country. Which sectors of the economy were more severely affected? Which sectors were relatively unscathed?
· apply basic financial economic theory to explaining the workings of the domestic and international financial systems
· demonstrate a working knowledge of the institutional framework for financing economic activity
· demonstrate an understanding of the operation of domestic money and capital markets and of their linkages with global financial markets
analyse the effects of changes in the private financial system on economic activity.
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