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This Episode 9: Functions of Money podcast also includes:
- Reading Passage
- Join to access all included materials
Have you ever traded a cow for a car? Scholars analyze the functions of money and what it stands for in the ninth installment of a 21-part Economic Lowdown podcast series. They listen to a short podcast and imagine a world where different kinds of payments exist and see how paper money stacks up against using other forms of valuables to obtain goods and services. In the end, scholars decide if the idea of a cow as payment is udderly ridiculous!
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13 Downloads
CCSS:
Adaptable
Concepts
Additional Tags
Instructional Ideas
- Assign an additional reading on the functions of money as a preview/review of the lesson
- Place a visual chart in the front of the room during the lesson to aid understanding of the functions of money
Classroom Considerations
- Requires an account with Econ Link to access materials
Pros
- Lesson provides a written transcript of the podcast for better understanding
- Teacher questions and answers to podcast are available at Econ Lowdown
Cons
- None