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Understanding the meaning, functions, properties and historical evolution.
What you’ll learn
- Money Matters: Delving its Meaning, Functions, Properties
- Understanding the meaning, functions, properties and historical evolution of money
- What is the concept of money, and how has it evolved throughout history?
- What are the primary and secondary roles or functions of money in economic systems?
- What are the essential attributes or characteristics that money should possess?
- Is there any asset other than money which can be used as store of value?
Requirements
- Basic understanding of economic principles such as supply and demand, inflation and interest rates
Description
- What is the meaning of money?
- Which are considered to be a more modern form of money in comparison to coins and currency notes?
- What is meant by Barter System?
- Whether Barter System is still used?
- Can you define metallic money and its significance in monetary systems?
- Why did paper money come in to existence?
- What is meant by paper money & how does it function in economies?
- What is the meaning of credit money?
- What is the meaning of plastic money and its role in modern financial transactions?
- Explain electronic money and its impact on the way we conduct financial transactions.
- What is the meaning of primary functions of money?
- What are the primary functions of money?
- What are the secondary roles or functions of money in economic systems?
- Do you agree with the statement that money acts as a standard of deferred payment?
- Is there any asset other than money which can be used as store of value?
- What are the essential attributes or characteristics that money should possess?
- Define the concept of fungibility in relation to money.
- What is meant by divisibility of money?
- What is meant by cognizability property of money?
- Why is money considered the most liquid asset, and what makes it so easily exchangeable?
Who this course is for:
- Students, business man and general public
