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Ec4024 2008 Lecture3
- 1. EC4024
Lecture 3
The Structure of the
Financial System
- 5. 1. Macro Structure
2 1
Financial
Real 4
Household Assets/
Activities 3 Liabilities
( )
5
Bonds
Stocks
Options
Mortgages
.....
- 6. 2. Firm Structure
2 1
Firm’s Financial 4 Investors
Activities 3 Management
( )
5
Individuals
Institutions
.....