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QUESTION 1
Critically examine alternative theories of money demand and specify a demand for money equation for Mauritius.
QUESTION 2
Discuss the macroeconomic and microeconomic functions of a central bank making reference to Bank of Mauritius.
QUESTION 3
What are the main objectives and tools of monetary policy in a developing country like Mauritius?
QUESTION 4
Discuss following terms
1 Monetary transmission mechanism
2 Interest rate differentials
3 H-theory of money supply
4 Banking Sector Regulation
QUESTION a) Differentiate between returns to factor and returns to scale. b) In the long-run the Average Cost Curve is u-shaped. Discuss c) Whenever a firm is making loss
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