Unit 3.1.2 - BankingThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the role and importance of central banks and commercial banks for government, producers, and consumers.A central bank is the monetary authority that oversees and manages the monetary system of a country, i.e., its money supply, the banking system, and the nation"s monetary policies (see Unit 4.4). This includes...