Accounting, Banking & FinanceMoney as a Medium of ExchangeJune 7, 201518 CommentsA medium of exchange is an intermediary instrument used to facilitate sale, purchase and trade if goods among different parties.…
ArbitTheory of Money demand by BaumolJune 4, 201512 CommentsLooking for demand. Theory of money demand – Baumol In the early 1950s ,William j. Baumol of Princeton and Newyork…
Accounting, Banking & FinanceInvestments: IntroductionMay 29, 201518 CommentsLet’s begin the post by answering a very basic question: What is an investment? You may say that anything purchased…
Accounting, Banking & FinanceWhat is Finance? An overviewMay 26, 201517 CommentsAs fascinating as the word sounds, finance refers to the art and science of money management. Looking for the origin…
Accounting, Banking & FinanceWhat is Mutual Funds?May 17, 20158 CommentsA mutual funds is a pool of money from numerous investors for the purpose of investing in securities like stocks…
Accounting, Banking & FinanceBlack MoneyApril 28, 201520 CommentsThousands of Indians go abroad each year to study and work and almost have overseas account. What if I go…
Life SkillsIs money everything ?April 11, 201515 CommentsAll of us want a hefty pay package, loads of money in our bank accounts, cash in our pockets to…
Accounting, Banking & FinanceReasons why Fiat Money wins over the Gold standardApril 5, 20155 CommentsFiat money’s derived from the value assigned by a country’s government and isn’t backed by any type of commodity.The system…
Accounting, Banking & FinanceFiat MoneyApril 4, 20159 CommentsFiat Money is any currency declared by a country’s money to be legal tender but these currency aren’t backed by…
Accounting, Banking & FinanceMonetary PolicyMarch 17, 2015 “MONEY IS THE BLOOD OF AN ECONOMY” The flow of money in an economy determines the health and future…