1. Module The Definition and Measurement of Money KRUGMAN'S MACROECONOMICS for AP* 23 Margaret Ray and David Anderson

2. What you will learn in this Module : The definition and functions of money The various roles money plays and the many forms it takes in the economy How the amount of money in the economy is measured

3. What is money? What is money? Money Currency in Circulation Checkable Bank Deposits Money Supply Money v. Barter

4. Roles of Money Roles of Money Medium of Exchange Store of Value Unit of Account

5. Types of Money Commodity Money Commodity-backed Money Fiat Money

6. Measuring the Money Supply Measuring the Money Supply Monetary Aggregates M1 M2 near moneys