39+ Money Economics Definition PNG. Mike moffatt, ph.d., is an economist and professor. In economics, money is any financial instrument that can fulfill the functions of money (detailed above).
The narrow definition of the money supply or as transactions money. Money supply is also known as money stock. Money is an economic unit that functions as a generally recognized medium of exchange for transactional purposes in an economy.
Monetary theory considers the sigificance of money in a modern economy, as well as evaluate the extent to which money can be manipulated to achieve economic policy objectives.
In economics, money is any financial instrument that can fulfill the functions of money (detailed above). Monetary theory considers the sigificance of money in a modern economy, as well as evaluate the extent to which money can be manipulated to achieve economic policy objectives. Money is any good that is widely used and accepted in transactions involving the transfer of goods and services from one person to another. Money is any object that is generally accepted as payment for goods and services and the repayment of debt.