DFI 301
Embu university
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Class notes
Monetary Theory and Practices
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---50May 20252024/2025
- Appreciate the importance of money and banking in an economy 
 Understand the quality theory of money and related controversies 
 Identify the theoretical and empirical definition of money 
Appreciate the role of monetary authorities in control of money 
 Identify the role of banking in society Appreciate the role of other financial institutions in Kenya 
 Identify various banker-customer relationships
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