September 2010
Beginner
798 pages
41h 9m
English
book
The Indian Financial System: Markets, Institutions and Services, 3rd Edition
by Bharati V. Pathak
Content preview from The Indian Financial System: Markets, Institutions and Services, 3rd Edition
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2
The Financial System and the Economy
Chapter Objectives
This chapter will enable you to develop an understanding of the following:
Types of economic units
Role of a financial system in the economy
National income accounts
Flow of funds analysis
Trends in saving and investment
Trends in household financial saving and liabilities
Relationship between a financial system and economic growth.
INTRODUCTION
All economies operate with a stock of real and financial assets. Real assets may be tangible or intangible. Examples of tangible real assets are land and natural resources, buildings, inventories, equipment, durables, and infrastructure. Examples of intangible real assets are human capital, organisational systems, and governments. Every ...
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