Skip to content

Course home

x
2.8.1 Money as a medium of exchange
x

Why barter is difficult

Why barter is difficult

Barter is the direct exchange of one good or service for another, with no money involved. It requires a double coincidence of wants: each person must have exactly what the other wants and must want exactly what the other has.

2.8.1 Money as a medium of exchange Lesson

  1. GCSE
  2. /Economics
  3. /2.8.1 Money as a medium of exchange

Step-by-step lessons on OCR GCSE Economics 2.8.1 Money as a medium of exchange. Each one builds up to exam-style questions. Build a solid grasp of supply and demand and cost/revenue calculations before tackling the evaluation-heavy policy topics.

Lessons