Contrast the functions of financial institutions & markets.

Identify and describe the three ways capital is transferred between savers & borrowers.

Identify and describe the key fundamental factors and economic conditions that affect cost of money.

Discuss the key aspects of financial securities.

Describe the differences between capital markets Vs. money markets and primary vs. secondary markets, and spot vs future markets.

How are secondary markets organized?

Is there any other financial environmental factor that is important to the financial manager? If so, explain.

What is the value of understanding financial environment to a financial manager?