Syllabus content and objectives
Official JAMB Economics outline · Section D: National Income, Money, and Financial Institutions
Content
Types and functions of financial institutions, including traditional financial institutions, the central bank, mortgage banks, merchant banks, insurance companies, and building societies.
Objective
Identify the types and functions of financial institutions.
Content
Role of financial institutions in economic development.
Objective
Explain the roles of financial institutions in economic development.
Content
Money markets and capital markets.
Objective
Distinguish between the money market and the capital market.
Content
Financial sector regulation.
Objective
Identify the various financial sector regulators and their functions.
Content
Deposit money banks and the creation of money.
Objective
Explain the money creation process and the challenges associated with it.
Content
Monetary policy and its instruments.
Objective
Examine the various monetary policy instruments and their effects.
Content
Challenges facing financial institutions in Nigeria.
Objective
Appraise the challenges facing financial institutions in Nigeria.
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