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About the Class
After discussing Recession in my previous sessions, I shall now move on to discussing an element which plays a very subtle and important role in any economy: Money.
What is this Money? How is it defined? What are its functions? Are there different types of money? What are the features of different types of money? What do terms like Liquidity, Fiat Money, Money Supply etc. mean?
What are M0, M1, M2, M3, M4?
In my session I shall try to explain all the above points.
Language of instruction:
Keywords: economics, money, economy, liquidity, fiat money, money supply