Money and Banks

Monetary system:

Why do we have money?

1.

2.

3.

 

Explain interest rates. Find information about

explain euribor interest rates

explain prime interest rates

explaine European Central bank official interest rate and it’s fuction.

 

Currency.

Explain the basic principles of different values of currencies using euro and dollar as a example. Why do the value of a currency change? And how does it affect to the economy?

 

Tasks of the banks? Why do we have banking system?

 

Explain financial crisis 2009. https://www.youtube.com/results?search_query=subprime+crisis+explained