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Bank Operations Teacher Resources
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Students examine the role of money in the colonial economy by participating in a trading activity. In this colonial economy lesson plan, students complete an activity to learn about colonial trade and what happens when there is a lack of money. Students research the difficulties associated with barter and read a booklet "Benjamin Franklin and the Birth of a Paper Money Economy" to learn about Franklin's role for money in the economy. Students study land banks and inflation.
Students investigate the indicators the Fed uses to determine the course of monetary policy. In this monetary policy lesson plan, students define economic indicators and the conditions they reflect and explain the three functions of the Federal Reserve System. Students explain the use of monetary policy to affect the economy in this 45 page packet of activities.
Students develop an understanding of monetary policy. In this monetary policy lesson, students define economic indicators and specify the economic conditions they reflect. Students explain the three functions of the system and play a card game to review vocabulary associated with economic indicators.
Students engage in a reading of a document in order to become familiar with the Federal Reserve of The United States in the interest of strengthening reading comprehension skills with the exposure to expository literature. They read the document and write a summary of it.
High schoolers participate in a simulation game to discover the role of banks in creating checkbook money through lending practices. They play a lending and borrowing game and use a money multipiler equation to solve problems associated with cash infusion from new reserves.