Federal Reserve Bank
Money and Inflation: A Functional Relationship
What is the difference between money and bartering, and how is money valued when considering inflation? Delve into the correlation between these fundamental components of economics with this detailed resource, which consists of reading...
Carolina K-12
Barter and Money
You want five pigs, but you only have four bails of hay. How will you manage to get what you want? A great simulation begins this lesson with why the use of money has replaced the process of bartering. Then, after indulging in a comic...
Federal Reserve Bank
The Fed Is Protecting Your Money
A dollar bill, a check, a credit card, and... a cow? What exactly are the various forms of payment that exist today? Your learners will identify the three functions of money in this lesson. In addition, they will discover the most common...
Curated OER
Money Is What Money Does
Everybody loves to discuss money. Using this money-related resource learners read background information, and discuss how well certain items would perform as a medium of exchange based on the function of money.
Council for Economic Education
Econ Ed Link: Hawaiian Economics: Barter for Fish & Poi
Use this lesson to learn more about the Hawaiian economics system. Learn how they developed and used this specialized type of money system. "In this lesson, you will learn how specialization and division of labor increased productivity...