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At Venture Capital and Private Equity in Africa (VC4Africa.com) is an online community for investors and entrepreneurs dedicated to building business on the continent. We believe that entrepreneurship should be the main driver in Africa’s economic growth, in particular the small and medium sized enterprises (SMEs) that provide much of Africa’s employment, income and hope for a better future. SMEs contribute around two thirds of national income and…
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A description of the business cycles. Later lectures will provide a detailed explanation of causes and consequences.
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This is the first lecture in a course on Financial Institutions at Prince Sultan University in front of an MBA class in 2009. The first lecture discusses the basics of commercial banking. Commercial Banking, Sources of Funds, Uses of funds, Transaction Deposits, Demand Deposits, Time Deposits, Checking Account, NOW Account, Interest-Bearing Account, Savings Deposit, Passbook Savings, Reg Q, ATS Account, Retail CD, Negotiable CD, Exotic CD, MMDA, Fed…
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It outlines the negative effects of inflation
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