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Management Study Guide
Basics of Monetary Economics
Use of money did not remove all the difficulties of barter. There was still the difficulty of bringing the two parties together. This difficulty was removed, when the money, the unit of account, also become the medium of exchange. Monetary economy is the opposite of barter system. The use of money converts a barter economy into a monetary economy.
$9.26
$9.26
1-Year Access

Course Includes:

  • 1 Hour Video Course
  • 1 Year Access
  • Free Certificate of Completion
Basics of Monetary Economics
32 students enrolled
9 lectures
Self-paced online
Use of money did not remove all the difficulties of barter. There was still the difficulty of bringing the two parties together. This difficulty was removed, when the money, the unit of account, also become the medium of exchange. Monetary economy is the opposite of barter system. The use of money converts a barter economy into a monetary economy.
What you will learn
  • Functions and significance of money
  • Monetary standards
  • Understand the true value of money
  • Income theory of money
  • Rate of interest
  • Demand for money
Requirements
This course is a basic course, no special knowledge is needed to take it.

Course Description

The use of money did not remove all the difficulties of barter.  There was still the difficulty of bringing the two parties together.  This difficulty was removed, when the money, the unit of account, also become the medium of exchange. The monetary economy is the opposite of the barter system.  The use of money converts a barter economy into a...
Management Study Guide
$9.26
$9.26
1-Year Access

Course Includes:

  • 1 Hour Video Course
  • 1 Year Access
  • Free Certificate of Completion
Course Content
Expand all sections

  • Introduction Basics of Monetary Economics
    Preview
    2 Mins

  • Barter and evolution of money
    5 Mins

  • Functions and significance of money
    13 Mins

  • Monetary standards
    11 Mins

  • Value of money
    5 Mins

  • Quantity theory of money
    7 Mins

  • Income theory of money
    6 Mins

  • Rate of interest
    6 minutes Mins

  • Demand for money
    9 Mins
About the Instructor
Management Study Guide MSG
Management Study Guide
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ManagementStudyGuide is an educational portal launched in 2008 with the vision of providing students and corporate workforces worldwide with access to rich, easy to understand, frequently updated instruction on many management related topics. Management Study Guide is ISO 9001:2015 Certified Education Provider. Learning at MSG is highly practical and directed towards the needs of the industry.   MSG’s instructional content...
$9.26
$9.26