The document provides instructions for an article on the role of money in society. It outlines topics to cover such as the development of money from barter to commodity to fiat currency. It also notes the article should explain money's role in society, differentiate the characteristics and functions of money, and describe different forms of money today including commodity, near money, fiat currency, token money, broad money, money substitutes, and various M levels. Guidelines are provided for submitting the project, including APA format, word count limit, inclusion of references excluding Wikipedia, and submission of both hard and soft copies.

1. Introduction to Macroeconomics 1 Page 2 of 2
INTRODUCTION TO MACROECONOMICS 1
Instructions:
The Financial Services Commission has invited you to publish
an article in their Business Magazine. The topic is The Role of
Money in Society. They have given you the following pointers
to aid in the development of your article:
1. Trace the development of money
a. barter
b. commodity
c. fiat money
2. Explain the role of money in society
3. Differentiate between the characteristics and the functions of
money
4. Explain the different forms of money in today’s world
a. commodity
b. near money
c. fiat money
d. token money
e. broad money
f. money substitutes
g. m1, m2, m3 and m4

2. GUIDELINES FOR PROJECT
The following governing conditions apply to the typed project:
· The Cover page is to include the following in the order
specified:
1/ Name of Education Institution (at top of page)
2/ Title of Course and Course code
3/ Name of Students and ID numbers
4/ Title of Project
5/ Date submitted
6/ Name of Lecturer.
· APA FORMAT
· Font Size: 12 pt.
· Font Style: Times New Roman
· Spacing: 2.0
· Word Limit: 3000
· Your References must be included (Wikipedia is not to be
used as a Reference).
· A Turnitin report should accompany your submission.
· You are required to submit 1 hard copy to the Lecturer at the
office AND e-mail 1 soft- copy to the Lecturer.