Category Economy

Conflicting Objectives of Monetary Policy

Some of the objectives of monetary policy seem to be conflicting and mutually contradictory Full Employment and Balance of Payment Equilibrium – Similarly while maximizing domestic employment and economic growth, a balance of payment deficit is bound to emerge. With…

Objectives of Monetary Policy

It is important to understand the distinction between objectives or goals, targets and instruments of monetary policy Goals   of monetary policy refer to the objectives (price stability, economic growth or full employment) while targets refer to variables such as the…

Monetary Policy and its instruments

Monetary policy is one of the public interventionist measures aimed at influencing the level and pattern of economic activity so as to achieve desired goals. It covers all the actions by the Central Bank which influence the quantity, cost and…

5 Roles of the Central Bank

A central bank is an authority responsible for policies that affect a country’s supply of money and credit. The central bank uses its tools of monetary policy to affect short term interest rates and the monetary base in order to…

LEVELS OF MANAGEMENT

The are three levels of management Top level of management Middle level of management Lower level of management Top level management It is also called the strategic level of management. It consists of the board of directors, chief finance executive,…

DEFINITION OF MANAGEMENT

 Management is  the process of planning,organizing, actuating and controlling the activities of an organization in order to achieve the stated goals Definition of management by  different authors ; Mary parken follet  defined management as getting things done. EFL Breech stated…