First of all, if you donot have money, then?

joking

I think you would better specify your topic, not this general one which can be discussed from different aspects, micro, macro or any other discipline

[此贴子已经被作者于2006-5-22 18:08:58编辑过]

well, this's what my tutor gave to me. cause i 've started this basic eco unit for this semester? so from the macro view, any constructive opinion is welcome.

in my opinion, money does matter. but i'm wondering why. can you give some tips. it's not a good way to do this, but i'm working on the final exams which are after a few weeks, and this's a tutorial topic only. so can someone give some ideas before i really read the textbook/

thx

because this is your tutorial work

basically you should do it by yourself

some tips

the development of the paper money,as a media, why it is important

I agree with fj102. Try to have a look at the history of money.

Basically, here are a few tips. Initially, there was no money. Everybody was bartering (know what barter means?). Gradually, people found it more convenient to use some common medium of exchange, say a piece of seashell, to facilitate exchanges of goods. Later, people made a few changes in this medium and settled on some type of precious metal, say gold or silver.

People found it difficult to carry gold or silver around and started to deposit gold or silver into something called a bank in exchange for a certificate, which they could use to buy goods with. Later, the government nationalized to privilage of issuing these pieces of paper.

But these pieces of paper could still exchanged back for gold or silver. And later, the government found it more convenient to just declare that these pieces of paper are not redeemable, that is, not being able to exchanged back into gold or silver. And that is where we are now.

Got any clue? Good luck!