Curated OER
How the Federal Reserve Works, Part 5
How can we ensure economic growth in the United States? We need to reevaluate the economic system we're currently working with. So what is the alternative? Some key speakers share their opinions on the issue here, in the conclusion of...
Khan Academy
Banking 1, Money, Banking and Central Banks, Finance and Capital Markets
This video introduces the institution and function of banks in society by walking viewers through the concept of banking with colorful annotations and simplified narration. The lecture evolves naturally into a discussion about interest...
Khan Academy
Banking 4: Multiplier Effect and the Money Supply
In the context of a discussion about real wealth versus the representation of wealth (money), Sal explains the multiplier effect and how 1000 pieces of gold can become 2710 pieces of gold. Viewers will appreciate the annotations and...
Khan Academy
Banking 3: Fractional Reserve Banking
With just 1000 pieces of fictional gold, Sal takes viewers through fractional reserve banking. He explains how deposits made into a bank can be assets and liabilities, and the role of having reserves. Additionally, he demonstrates the...
Khan Academy
Banking 6: Bank Notes And Checks
Why carry around a heavy suitcase full of gold when you can write a check to your neighbor in the village? Sal's village banks flourish in this video, which introduces checks and demonstrates how they work. While this video is helpful...
Khan Academy
Bailout 9: Paulson's Plan
Equally informative and opinionated, this video is sure to inspire thoughtful discussions and debate among your students. Sal outlines Paulson's plan - and explains his own (unfavorable) opinion about it.
Curated OER
Understanding Money & Banking: What is Money?
Paul McKeever, leader of Ontario's Freedom Party, discusses money and banking while driving in his car. He definitely explains things clearly, but your learners may be distracted by his lack of eye contact and the moving background.