Money Prices and Inflation
Overview
Money is unit the exchange in an economy, that is, the
price of good or service is denominated in terms of a given currency.
{% Price = \frac{1 \; unit \; product}{amount \; of \; currency} %}
Topics
- Money
- Prices
- The Financial Markets
When a agent in the economy has more money than they need to provide for their expected near term consumption needs, they often
seek to deploy that money productively in order to earn a return on their idle funds.
The Financial Markets are designed
to facilitate this search for investment oppurtunities.
Insurance