Mr. Clifford briefly introduces the concept of monetary policy, highlighting primary features such as why using money is more valuable than a barter system and the three primary functions of money, as well as banking, the money market, and the three ways the United States Federal Reserve controls the money supply.

Concepts

macroeconomics, monetary policy, the federal reserve system, interest rates, money supply

Show More Show Less

Additional Tags

social studies

Show More Show Less

Instructional Ideas

• Offer this series of videos to your students as an extra study aid or flipped classroom resource, so students can view the video at their own pace and come to class with any questions they might have

Classroom Considerations

• Queue video to skip third party advertisement
• This is a very quick introduction to a series of eight videos on monetary policy, and the presenter does not go into detail about any of the concepts in this video

• This video is hosted on YouTube

Pros

• Mentions several of the primary focus terms to identify during a study of monetary policy
• Emphasizes the importance of understanding interest rates

Cons

• Speaker moves very quickly through material

Common Core

SL.11-12.5 RH.11-12.4