The role of deposit insurance is important in banking industry and is also essential for smooth operation of the entire financial system. ... The FDIC's creation and current operations are based on the regulatory goals of promoting safety and soundness in the banking industry. ... Due to the inefficiencies in the banking industry brought about by flat-rate premiums, a risk-based premium structure had to be adopted. ... The FDIC is also concerned with the rate at which premiums raise during economics downturns. ... Lastly, many economics and the FDIC believe that...

• Word Count: 1737
• Approx Pages: 7
• Grade Level: Undergraduate

For the past two years, I have participated in the Academy of Finance, an intensive two-year academic program designed to give high school students a background in accounting, finance, international business, banking and economics. ...

• Word Count: 443
• Approx Pages: 2
• Grade Level: Undergraduate

The history of accounting is as old as civilization, key to important phases of history, and among the most important professions in economics and business. ... Accountants created writing, participated in the development of money and banking, invented double entry bookkeeping that fueled the Italian Renaissance, helped develop the confidence in capital markets necessary for western capitalism, and are the center of the information revolution that is transforming the global economy. ... Sophomore year, first semester: Accounting 1, Statistics 1, Banking and Monetary Policy, Humanities Electi...

• Word Count: 1710
• Approx Pages: 7
• Has Bibliography
• Grade Level: Undergraduate

For stability, overseeing the family income should be the sole responsibility of the one who is best at maintaining self-control with spending and who is knowledgeable about financial management, banking, taxes, balancing a checkbook, etc. ... The art of having a financial stability is to sustain this day in and day out without having any qualms about the difficulty to find the sweet spot as far as economics of the household is concerned. ...

• Word Count: 949
• Approx Pages: 4
• Has Bibliography
• Grade Level: Undergraduate