Unit 4 Assignment 1 Learning Journal
Thursday 30th of June, 2016
I read the Learning Guide and required readings for Unit 2, arranged my essays in their respective folders and files. Friday 1st of July 2016
I completed the discussion forum assignment. Saturday 2nd of July 2016
I did nothing related to this course. Sunday 3rd of July, 2016
I made entries into my Learning Journal, proofread the discussion assignment and submitted.
Monday 4th of July 2016
I started the written assignment I became confused about what the question was asking me to do, so I decided to move into another course instead and likewise grade my peers in the discussion forum.
Tuesday 5th of July 2016
I participated in the discussion forum again today and completed my learning journal task. Lastly, I completed the non-graded quiz.
Wednesday 6th of July 2016
I continued from where I stopped in the written assignment and I struggled to finish it. I also updated the learning journal.
Prepare a 200 word (approximately) summary of the textbook material you have read this week in Chapter 8. This summary should be entered in your Learning …show more content…
The chapter further illustrated through transaction cost, asymmetric information and the free-rider problem (The act of cheating another party by not paying what is their fair due) why the majority of the external finance is channeled through intermediaries. One of the reasons mentioned is that individuals do not have control over funds to invest efficiently due to the fact that fixed costs are extremely high and variable costs are low in numerous areas of finance, therefore opening doors of opportunities to the experts to do what they like to do best, although they are not the perfect screener. (Wright & Quadrini, 2009,
I read the Learning Guide and required readings for Unit 2, arranged my essays in their respective folders and files. Friday 1st of July 2016
I completed the discussion forum assignment. Saturday 2nd of July 2016
I did nothing related to this course. Sunday 3rd of July, 2016
I made entries into my Learning Journal, proofread the discussion assignment and submitted.
Monday 4th of July 2016
I started the written assignment I became confused about what the question was asking me to do, so I decided to move into another course instead and likewise grade my peers in the discussion forum.
Tuesday 5th of July 2016
I participated in the discussion forum again today and completed my learning journal task. Lastly, I completed the non-graded quiz.
Wednesday 6th of July 2016
I continued from where I stopped in the written assignment and I struggled to finish it. I also updated the learning journal.
Prepare a 200 word (approximately) summary of the textbook material you have read this week in Chapter 8. This summary should be entered in your Learning …show more content…
The chapter further illustrated through transaction cost, asymmetric information and the free-rider problem (The act of cheating another party by not paying what is their fair due) why the majority of the external finance is channeled through intermediaries. One of the reasons mentioned is that individuals do not have control over funds to invest efficiently due to the fact that fixed costs are extremely high and variable costs are low in numerous areas of finance, therefore opening doors of opportunities to the experts to do what they like to do best, although they are not the perfect screener. (Wright & Quadrini, 2009,