山鹿 发表于 2013-6-15 09:53 PM 
我没看过耶，因为我year 3了，不过不是dac,macro很久以前有拿过，你能给我看看那个题目？
Given the improving economic outlook, interest rates cannot be expected to stay at their current low levels for very long. In fact, some economists are projecting that by the second half of next year, the central bank may have to increase the overnight policy rate (OPR).
The latest decision or rather the perceived united decision by some of the biggest banks in this country to raise mortgage rates and do away with some of the freebies, including the waiver of legal fees on documentation, really has nothing to do with a possible rise in rate next year. The mortgage rates are floating rates any way.
Several banks have decided to raise mortgage rates at the same time, though, has sparked questions on whether this is healthy for an industry that operates in a competitive environment.
While there have been denials of collusions, it has nonetheless raised a few eyebrows, more so when earlier this year, some banks also raise and “standardize” hire-purchase (HP) rates at around the same time.
It becomes a real concern if the coordinated move to raise HP and mortgage rates sets a precedent where we begin to see more of such collaboration in the future.
(a)
Based on the article above, state TWO signs of collusion that might possibly happen in the local banking industry. -4m
-- some of the biggest banks in this country to raise mortgage rates and do away with some of the freebies, including the waiver of legal fees on documentation
(Price leadership)
-- some banks also raise and “standardize” hire-purchase (HP) rates at around the same time. (cartel)
(b)
Our local banking industry is fall under which type of market structure? Explain.-6m
-Oligopoly
result from signs of collusion between local banking industry by charge higher interest to loan borrowers.
- Amount of local bank in Malaysia are less than 10 which sell homogeneous and differentiated product and services .
Eg: (H)financial services,(D) unit trust fund management
-mutually independent between bankers.
Eg: change of the interest rate of a Maybank may affect the amount of depositors of the other banks.
(c)
Explain the negative impacts on social welfare if local banks really collude.-6m
-Collusion to raises profits of the participants by means of charging a higher interest to loan borrowers - consumers will be worse off since they have to spend more resources
-Collusion is able to considerably harm consumers. Not only will some consumers pay more for the same good relative to the competitive situation, some other consumers will also leave the market all together since they cannot afford the respective product anymore. Both effects, the overcharge and the deadweight loss, have a negative impact on consumer welfare.
(d)
Discuss the main measure taken by government to prevent problem of collusion among the business enterprises.-4m
-Monetary Policy
-installing proper laws ruling out anticompetitive behavior by firms.
这是我的答案，资料还不足
