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Money Matters: Delving its Meaning, Functions, Properties
Rating: 4.9 out of 5(6 ratings)
4,612 students

Money Matters: Delving its Meaning, Functions, Properties

Understanding the meaning, functions, properties and historical evolution.
Created byPrabh Kirpa Classes
Last updated 10/2023
English

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?

Course content

2 sections • 5 lectures • 1h 9m total length

  • Introduction7:12

    After going through this course, the students will understand:


    1. What is the concept of money, and how has it evolved throughout history?

    2. Explain the barter system and discuss its inherent limitations.

    3. Can you define metallic money and its significance in monetary systems?

    4. Define plastic money and its role in modern financial transactions.

    5. Explain electronic money and its impact on the way we conduct financial transactions.

    6. What are the primary and secondary roles or functions of money in economic systems?

    7. Why is money considered the most liquid asset, and what makes it so easily exchangeable?

    8. What is the definition of paper money, and how does it function in economies?

    9. What are the essential attributes or characteristics that money should possess?

    10. Define the concept of fungibility in relation to money.

Requirements

  • Basic understanding of economic principles such as supply and demand, inflation and interest rates

Description

  1. What is the meaning of money?

  2. Which are considered to be a more modern form of money in comparison to coins and currency notes?

  3. What is meant by Barter System?

  4. Whether Barter System is still used?

  5. Can you define metallic money and its significance in monetary systems?

  6. Why did paper money come in to existence?

  7. What is meant by paper money & how does it function in economies?

  8. What is the meaning of credit money?

  9. What is the meaning of plastic money and its role in modern financial transactions?

  10. Explain electronic money and its impact on the way we conduct financial transactions.

  11. What is the meaning of primary functions of money?

  12. What are the primary functions of money?

  13. What are the secondary roles or functions of money in economic systems?

  14. Do you agree with the statement that money acts as a standard of deferred payment?

  15. Is there any asset other than money which can be used as store of value?

  16. What are the essential attributes or characteristics that money should possess?

  17. Define the concept of fungibility in relation to money.

  18. What is meant by divisibility of money?

  19. What is meant by cognizability property of money?

  20. 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

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