Money and Financial Institutions - Economics (Senior Secondary)

Money drives modern society. This course explains currency mechanics, the institutions managing them, and resulting price instability. You will study the types, characteristics, and functions of money alongside demand, supply, and the quantity theory of Fisher. We cover the causes, measurements, effects, and control of inflation and deflation, including the consumer price index. This module explains economic liquidity using the syllabus of the JAMB UTME. Financial literacy dictates personal and professional survival. You will apply this knowledge to budget daily expenses, plan savings, or manage a business in Nigeria and globally. The course examines the roles of traditional, central, merchant, and mortgage banks alongside insurance companies and capital markets. You will examine the creation of deposit money, instruments of monetary policy, and challenges facing financial institutions of Nigeria. This practical insight prepares you to navigate inflation and protect personal wealth. Upon completion, you will possess analytical skills to evaluate economic policies and market trends. You will learn to calculate the consumer price index, explain the quantity theory of money, and assess the impact of inflation on daily life. You will differentiate the functions of various financial institutions, describe the creation of credit by commercial banks, and evaluate the tools of monetary policy. These competencies enable you to interpret financial data, predict economic shifts, and understand the flow of money in an economy. This course directly serves Senior Secondary students preparing for national examinations like the JAMB UTME and WAEC. It also provides immense value to university freshmen studying economics, business, or finance. Entrepreneurs, entry-level professionals, and curious citizens will benefit from a clear explanation of the financial system. The content assumes basic arithmetic knowledge but explains complex economic principles clearly, making it highly useful for anyone seeking to master the mechanics of money.

$ 9.99

Enrolment valid for 12 months
This course is also part of the following learning track. You may join the track to gain comprehensive knowledge across related courses.
Economics
Economics
Economics dictates how societies allocate scarce resources to survive. This track delivers the exact principles required to pass the JAMB UTME and understand the economy of Nigeria. You study resource allocation, supply and demand, production costs, and market structures. The curriculum provides factual knowledge on national income, public finance, and international trade. You gain a practical foundation to predict market trends, manage finances, and make rational decisions in real business environments. This programme targets senior secondary school students preparing for the JAMB UTME and final examinations. It directly serves university freshmen who require a strict review of basic economics. Young entrepreneurs starting a business in Nigeria will find the pricing principles and survival analysis highly useful. Anyone who seeks a factual grasp of economic realities and local market operations will benefit from this clear structure. Upon completion, you will calculate price elasticity, determine market equilibrium, and interpret the graphs of production costs. You will understand the functions of financial institutions, the calculation of national wealth, and the mechanics of global commerce. This exact knowledge guarantees a high score in your examinations and provides a strong base for university studies in finance, business, or public administration. You will possess the analytical skills to evaluate government policies and navigate the realities of modern trade.

Economics dictates how societies allocate scarce resources to survive. This track delivers the exact principles required to pass the JAMB UTME and understand the economy of Nigeria. You study resource allocation, supply and demand, production costs, and market structures. The curriculum provides factual knowledge on national income, public finance, and international trade. You gain a practical foundation to predict market trends, manage finances, and make rational decisions in real business environments. This programme targets senior secondary school students preparing for the JAMB UTME and final examinations. It directly serves university freshmen who require a strict review of basic economics. Young entrepreneurs starting a business in Nigeria will find the pricing principles and survival analysis highly useful. Anyone who seeks a factual grasp of economic realities and local market operations will benefit from this clear structure. Upon completion, you will calculate price elasticity, determine market equilibrium, and interpret the graphs of production costs. You will understand the functions of financial institutions, the calculation of national wealth, and the mechanics of global commerce. This exact knowledge guarantees a high score in your examinations and provides a strong base for university studies in finance, business, or public administration. You will possess the analytical skills to evaluate government policies and navigate the realities of modern trade.

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