History of Money

1
History of Money

• Commodity Money
• Paper Money
• convertible money
• non-convertible money
• Deposit Money
• Money Substitute

2
One Man Economy

• No need for exchange
• No need for money

3
Barter Economy

• Exchange
• Double co-incidence of wants

4
Barter Economy

• Lack of double co-incidence of wants

5
Invention of Money

• Commodity
• Money

6
Paper Money

• Convertible Money

7
Paper Money

• Non-convertible money

8
Deposit Money

• Demand deposit
• Saving deposit
• Time deposit

9
Money substitute

• Credit cards

10
To be continue . . .

• EPS

11

• ATM

12

• To be continue . . .

13
History of Money

• Commodity Money
• Paper Money
• convertible money
• non-convertible money
• Deposit Money
• Money Substitute
• Plastic money

14
P.C. Ed (Part Time)Economics Major Designed by
Eric Leung