By the end of this section, you will be able to do the following: Explain the various functions of money and contrast commodity money and fiat money.

In this chapter, you will learn about the following: Defining money by its functions; Measuring money-currency; M1, and M2; The role of banks; and How banks create money.

Comprehensive overview of the development of money in the American colonies. Topics covered include colonial coins and paper money, national coinage, copper, silver, and gold coins, and Liberty and the eagle.

Great interactive baseball game that combines your knowledge of economics and pro sports trivia. After completing the nine innings, you should have a better understanding of how economics is used in everyday life.

Mini-learning modules that teach adults how to manage their money wisely and reach their financial goals.

The Federal Reserve Bank of San Francisco's American Currency Exhibit includes a Showcase of Bills, a Tour of Exhibits by Era, Historical Context, Artistry and Imagery, and an Index of Bills.

Money and finance has played a role in fiction since Chaucer's Reeve's Tale. This interesting page points out some of the works in which money and/or finance plays a pivotal role.

This site discusses eight way to save money including recording spending, saving for a goal, making a budget, plan on saving, choose something to save for, and pick the right tools.

This site provides a great article that explains the gold standard and why it didn't work for the United States and many other nations.

Brief overview of demand notes of the Union, commonly called "greenbacks." Gives a historical context for the notes and has many pictures of what they looked like. Includes an activity looking at Union soldier wages.

This excerpt from The Great Republic by the Master Historians, published in the early 1900s, provides a near-contemporary discussion of one of the many financial panics, depressions, and bank runs that plagued the American economy in the...

Students use ratio and rate to answer this performance task: Joe was planning a business trip to Canada, so he went to the bank to exchange $200 U.S. dollars for Canadian dollars (at a rate of $1.02 CDN per $1 US). On the way home from...

The Federal Reserve System manages our country's finances and is in charge of its monetary policy. Learn about its three primary components: the twelve regional Federal Reserve Banks, the Board of Governors, and the Federal Open Market...

This task introduces the concept of a step function. It is about the changing balance in a bank account as money is deposited and removed. Aligns with HSF-IF.C.7.b.

Learn about the United States Mint and how it was created by the Constitution. Details on coins the Mint has produced, its role in U.S. history, and growth.

It is very important that you know about budgeting and have discussed it before you get married. Learn why a budget must be flexible in order to work and is important for couples managing money.

Students learn about barter, and the benefits of using money, as they participate in this trading simulation.

This essay gives a background to understand the controversy surrounding the creation of a central bank in the United States.

This article discusses how our monetary system works and the role the government plays. Organized into the following sections: "Government Money," "Treasury Options", "Tax or Borrow?", "Rolling Over Government Debt", and "Net Financial...

This is an elementary level instructional activity that deals with spending, saving, income, and interest. Requires the book Kermit the Hermit by Bill Peet. Includes detailed lesson plan along with procedures and activities.

Choose from a word bank to complete ten sentences about terms related to money. Hints are available if needed, and a percentage score is displayed once answers are submitted.