History and production of money

Different cultures throughout the world have used different means of payment. In the South Seas, seashells were used as money, while Central Americans paid for goods with cocoa beans. Welcome to the diverse world of payment media!

The functions of money - what makes it valuable?

Why do we actually need money?
What characteristics does it have to have in order to fulfil its functions? On this stage, you will learn about the basics of monetary theory and policy.

At an interactive terminal, you can see for yourself how difficult life would be without money - in a goods market in the imaginary country of Nonpekunia.