Stage 2: 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. A video film will acquaint you with some influential
scholars who, over the past centuries, pondered on the
conditions for stable, functional money. Their message: money
must be scarce if it is to be stable.