Monetary Theory and Policy (ECST5103)
DIPET 2 in Economics - ECNT
Semester: First Semester
Level:
Year: 2019
FIRST SEMESTER EXAMINATION, MARCH 2019
SCHOOL: H.T.T.T.C. BAMBILI DEPARTMENT: ECONOMIC SCIENCES OPTION: ECONOMICS
COURSE CODE: ECST5130 COURSE TITLE
:MONETARY THEORY AND POLICY
LECTURER: Prof Moses OFEH
CREDIT VALUE : 3
DATE: 16/03/2019 DURATION: 2 HOURS START TIME: 9:00AM END TIME:
Instructions: Attempt all questions in all the sections
1-a) Define monetary policy and enumerate its objectives (6 marks)
b) Explain the limitations of monetary policy in Cameroon (4 marks)
c) Enumerate without explain the indicators of monetary policy? (3 marks)
2- Using a diagram explain the High Powered Money (H) in an economy (6 marks)
3- a) Write short notes on the following terms - Open Market Operation
-Selective credit control (6 marks)
b) what general name can be given to the above terms in “a”? (2 marks)
4- With diagrams explain how an expansionary monetary policy can be used to overcome a
recession (8 marks)
Good Luck!!!
REPUBLIC OF CAMEROON
Peace – Work - Fatherland
THE UNIVERSITY OF BAMENDA
P.O BOX 39, Bambili
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