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...
Curated OER
Money: Bucks, Banks, and Business
Put economics and currency exchange rates into a real-world application kids can understand. They'll compare bus fares from various cities around the world. Each child selects three international cities to research. They determine the...
Curated OER
International Currency Exchange
Students examine coins from around the world and write down their observations. As a class, they discuss the types of symbols used on the coins from different countries and locate the country on a map. To end the lesson, they calculate...
Curated OER
Barter vs. Money
First graders listen to the book, Sheep in a Shop, that leads them to think about making financial decisions, trading, and the barter system. After the book is read aloud, a discussion ensues about some of the things that the sheep...
Curated OER
Money Versus Trade
Students discover the importance of exchanging money in a market. In this economics lesson, students discover natural resources and how one can barter with those resources. In addition, students complete worksheets and discover the...
Curated OER
What Can You Do With Money?
Students watch a Biz Kidz video about money, learn what they can do with money, and fill out worksheets on what they learn. Students learn about spending, saving, donating, and investing.
Curated OER
Chapter 28: Exchange Rates, The Balance of Payments, and Trade Deficits
Bring your class on a trip around the world in this economics presentation, which details international trade and exchange rates. Especially helpful are the clear bullet points, interesting discussion topics, and list of key terms for...
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
Fair Exchange
Emma and her brother Sam exchanged some money. Was it a fair trade? Have your learners discuss all of the possibilities for the problem given. Consider having a sheet on the overhead or interactive board that provides all of the coin or...
Mathed Up!
Exchange Rates
Eleven questions make up an eight-page practice exercise that focuses on how to compute exchange rates. Money used is the American dollar, Euro, and British pound.
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.
Curated OER
Scarcity and Choice
After reading the book A Bargain for Frances, young economists discuss how money is exchanged for goods or services. They demonstrate effective financial decision-making by listing ways to save money for a product they would like to buy.
Council for Economic Education
Paper Money of the Sung, Yuan, and Ming Dynasties
Why did the Chinese develop paper money? They were the first society to use paper currency. Learners consider why paper money was more convenient than other mechanisms of trade using a helpful lesson plan, which includes a graphic...
Curated OER
Undercurrents Of Currency
Students investigate the currencies used by different countries, and explore the principles of currency trading by exchanging currencies at current market rates. They, in groups, access websites which give them current rates.
Federal Reserve Bank
The Free Silver Movement and Inflation
Why are US dollars no longer backed by gold and silver? What is our medium of exchange, and what would it be like to live in a barter economy? Learners consider these questions, as well as learn about the major historical events in the...
Curated OER
Pardon Me. Do You Have Change For a Dollar?
Upper elementary and middle school learners explore currencies from a variety of countries. They use the Internet, video, and engage in hands-on activities. They practice converting U.S. currency to foreign currency and vice versa. This...
Curated OER
Understanding the Effects of Currency Exchange Rates
In this algebra worksheet, students match the currency with the country of origin. They convert between that currency and the US using a foreign exchange conversion table. There are 35 questions.
Curated OER
Spanish Influence on United States Currency: The Origins of the "Dollar"
Sixth graders research the Spanish influence on early colonial America and the process of establishing the present U.S. currency. They read and discuss an informational handout in small groups, and take a short quiz. Students then...
Visa
What is Money?
Students identify the names of coins and grasp their relative values in terms of purchasing power. They engage in activities and games that help them acquire this knowledge.
Curated OER
Money in India: Comparison Shopping
Students are exposed to a monetary system different from their own. They learn to exchange currencies between two monetary systems. Practice the necessary mathematical functions to find comparison. Compare prices of items sold in India...
Curated OER
Colonial Currency
Fifth graders develop a common currency. For this colonial currency lesson, 5th graders exchange beads, rice, coins, and paper bills for goods and services. Students explore web tools to research ways colonists used money, even if it was...
Curated OER
Alien Exchange
Oozam is a fictional planet whose money value is determined by shapes. Learners should enjoy practicing their money counting skills with this fantastic worksheet.
Curated OER
We're in the Money
Students study money and its place in the economy. In this middle school Consumer Math lesson, students explore the barter system and the need for money. Students explore how money works in society and explore modern money and money in...
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