Money & Monetary Policy
Different economists have given different definitions of money. Let us see what are the definitions given by some of the well known economists. "In order for anything to be classed as money, it must be accepted...
What are the functions of money. Functions of Money. The functions of money are to serve as: Unit of value, Medium of exchange, Standard of deferred payments and Store of value.
Currency undervaluation has been nicknamed a “beggar-thy-neighbor” policy, while currency overvaluation has been called a “beggar-thyself” policy.
This article takes a look at how the world was like before money came into existence and the problems people faced trading without money.
India and Indian economy are growing faster than America, Canada, Japan and European union and viz a viz to China. A comparative study of world economy with India.
A period in which there is a reduction in the Gross Domestic Product (GDP), increase in unemployment, and decline in the economy is called a recession. The most recent recession in the United States was December of 2007...
Revealing fact from fiction with the truth about the United States' Two Dollar Bill.
The term “monetary standard” refers to the monetary system of a country. There are three main types of monetary standards...
Five yen (pronounced “en”) may not seem like a fortune, however it is considered a lucky charm in Japan. Roughly equivalent to one US nickel, the coins are composed of zinc and copper creating a dazzling...
Money. The most liquid of all commodities. Let's take a closer look at some interesting facts about money other than just its ability to pay for goods and services.
Open up a world of discovery. Browse articles from enthusiasts about Economics.