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...
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
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.
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...
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.
Illustrative Mathematics
Currency Exchange
Take your class on a North American adventure with a currency conversion problem. Pupils are asked to change US dollars into Canadian dollars and then to Mexican pesos. The commentary includes two solutions, converting by unit rates and...
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...
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
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...
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
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...
Curated OER
Cyber Currency, Currently
Students explore the value of currency and how to save and earn interest. In a key lesson, kids even get to purchase items in their classroom's general store. It's a fun way to learn the importance of being financially literate!
Curated OER
Revolutionary Money
Examine paper money from the American revolution! Historians study the paper bills and discuss the history of money. How has money changed over the times? Activities are included.
Curated OER
The Role of Money
Students investigate the role of money and how it is used in the world. The purpose and the history of it is covered while they look at concepts like spending in different parts of the world. This is when students practice with exchange...
Curated OER
Money Matters
Students play a game called Money Matters using cut out representatives of pennies, nickels, and dimes.
Curated OER
Why Money?
Students participate in a trading simulation to learn about barter and the benefits of using money. In this barter lesson, students participate in a trading simulation and learn about coincidence of wants. Students then use money cards...
Curated OER
Describe How Money Barter, and Credit Were Used in Colonial Virginia
Fourth graders listen as the teacher lectures about bartering. They work in small groups to define and create a skit about one term related to bartering. Students create an Economic Terms booklet. They review that tobacco was a cash crop...
ProCon
Gold Standard
If all the mined gold in the world was melted across a football field, it would rise 5.4 feet. That's just one interesting fact pupils learn when using the debate topics website to determine if the United States should return to a gold...
Curated OER
Money as a Means of Exchange
First graders discover the term bartering as used to pay for wanted items. They play a bartering game to discover exchanging goods for wanted items and play the computer money game on the "Show-Me Economics" web site.
Curated OER
Understanding the Effects of Currency Exchangerates
Students examine the economic effects of a strong and weak U.S. dollar. They identify the currency used in countries which regularly trade with the U.S., discuss the pros and cons of a strong U.S. dollar, and calculate the prices in...
Curated OER
Money Systems
Students examine how paper money and coins have changed over time. They discuss different types of exchanging items for payment. They practice making change.