Learning objectives After studying this course the learner should be able to: 1. Comprehend what money is. 2. Outline the financial intermediaries that make up the monetary banking sector. 3. Describe the different measures of money. 4. Evaluate the money identity. 5. Describe the essence of the creation of money. 6. Expound the meaning of bank liquidity. 7. Elucidate the role of the central bank in the money creation process.