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Money and Banking
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#money #economics #banks #functionsofmoney #characteristicsofmoney #banks #commercialbanks #centralbanks #specialization #self-sufficient #barter #bartersystem #monetarypolicy #reserves #islamicbanks #economicsigcse #0455 #pastpapers #interestrate #flippedclassroom
OBJECTIVES:
■difference between specialization and self-sufficient
■problems with the barter system
■state the forms of money
■ explain the functions of money
■ describe the characteristics of money
■ analyse the role of commercial banks
■ discuss the importance of commercial banks
■ analyse the role of central banks
■ discuss the importance of central banks
You can follow using the following books:
Book 1: Complete Economics for Cambridge IGCSE & O LEVEL- 3rd edition- Brian Titley-Sir Dan Moynihan-Unit 3.1
Book 2: Cambridge IGCSE & O LEVEL Economics by Susan Grant- Chapter 16
OBJECTIVES:
■difference between specialization and self-sufficient
■problems with the barter system
■state the forms of money
■ explain the functions of money
■ describe the characteristics of money
■ analyse the role of commercial banks
■ discuss the importance of commercial banks
■ analyse the role of central banks
■ discuss the importance of central banks
You can follow using the following books:
Book 1: Complete Economics for Cambridge IGCSE & O LEVEL- 3rd edition- Brian Titley-Sir Dan Moynihan-Unit 3.1
Book 2: Cambridge IGCSE & O LEVEL Economics by Susan Grant- Chapter 16
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