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Introduction to Macroeconomics 1 Page 2 of 2
INTRODUCTION TO MACROECONOMICS 1
Instructions:
The Financial Services Commission has invited you to publish
an article in their Business Magazine. The topic is The Role of
Money in Society. They have given you the following pointers
to aid in the development of your article:
1. Trace the development of money
a. barter
b. commodity
c. fiat money
2. Explain the role of money in society
3. Differentiate between the characteristics and the functions of
money
4. Explain the different forms of money in today’s world
a. commodity
b. near money
c. fiat money
d. token money
e. broad money
f. money substitutes
g. m1, m2, m3 and m4
GUIDELINES FOR PROJECT
The following governing conditions apply to the typed project:
· The Cover page is to include the following in the order
specified:
1/ Name of Education Institution (at top of page)
2/ Title of Course and Course code
3/ Name of Students and ID numbers
4/ Title of Project
5/ Date submitted
6/ Name of Lecturer.
· APA FORMAT
· Font Size: 12 pt.
· Font Style: Times New Roman
· Spacing: 2.0
· Word Limit: 3000
· Your References must be included (Wikipedia is not to be
used as a Reference).
· A Turnitin report should accompany your submission.
· You are required to submit 1 hard copy to the Lecturer at the
office AND e-mail 1 soft- copy to the Lecturer.

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Introduction to macroeconomics 1 page 2 of 2 introduction to m

  • 1. Introduction to Macroeconomics 1 Page 2 of 2 INTRODUCTION TO MACROECONOMICS 1 Instructions: The Financial Services Commission has invited you to publish an article in their Business Magazine. The topic is The Role of Money in Society. They have given you the following pointers to aid in the development of your article: 1. Trace the development of money a. barter b. commodity c. fiat money 2. Explain the role of money in society 3. Differentiate between the characteristics and the functions of money 4. Explain the different forms of money in today’s world a. commodity b. near money c. fiat money d. token money e. broad money f. money substitutes g. m1, m2, m3 and m4
  • 2. GUIDELINES FOR PROJECT The following governing conditions apply to the typed project: · The Cover page is to include the following in the order specified: 1/ Name of Education Institution (at top of page) 2/ Title of Course and Course code 3/ Name of Students and ID numbers 4/ Title of Project 5/ Date submitted 6/ Name of Lecturer. · APA FORMAT · Font Size: 12 pt. · Font Style: Times New Roman · Spacing: 2.0 · Word Limit: 3000 · Your References must be included (Wikipedia is not to be used as a Reference). · A Turnitin report should accompany your submission. · You are required to submit 1 hard copy to the Lecturer at the office AND e-mail 1 soft- copy to the Lecturer.