The Business and Economic Framework. Role of the Market. Demand and Supply. The Market Mechanisms
as a tool for Resource Allocation. Production and Costs. Market Structures and Pricing of Financial
Services. Regulation and Efficiency. Financial Market Failures and Externalities. Growth of Financial
Services Industry. Macroeconomcs Objectives and Policies. Conflicts of Macroeconomics Objectives.
Measurement and Determination of National Income. Money and Inflation. Monetary Policy, Fiscal Policy
and Regional Policy. Balance of Payments and Exchange Rate. Regional and Financial Integration.
