Money. University Course

Abstract

Money is the foundation upon which modern economies operate – facilitating exchange, measuring value, and enabling economic calculation. Yet money alone does not sustain the complexity of today’s financial systems. Banks play a central role in channelling money into productive use, acting as intermediaries between savers and borrowers, and transforming liquidity into investment. Through the process of credit creation, financial institutions amplify the power of money, supporting consumption, entrepreneurship, and public policy goals. Understanding how money, banking, and credit interact is essential to grasp the dynamics that drive economic growth, stability, and transformation. CZU 336.7:339.7(075.8)