Part 1 Learning objectives - Money and the economic system

We all use money every day, but few of us understand what money really is and how the economic system works. Part 1 has been designed to provide an easy to understand overview of the following areas that form a very important foundation for banking.

  • History of money.
  • How money works.
  • How the economic system works.
  • How money flows through the economy.
  • How banks play a very important role in the economic system.