This lesson idiscusses how bank notes and checks can be used. [Banking, Money, Finance playlist: Lesson 6 of 24]

Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.

This lesson talks about the pros and cons of various banking systems and talks more about using gold as a standard. [Banking, Money, Finance playlist: Lesson 18 of 24]

Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.

This lesson explains how reserve ratios limit how much lending an individual can do. [Banking, Money, Finance playlist: Lesson 9 of 24]

Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.

This lesson discusses the discount rate and window and the concept of lender of last resort. [Banking, Money, Finance playlist: Lesson 19 of 24]

This lesson explains the rationale for targeting interest rates instead of directly having a money supply target. [Banking, Money, Finance playlist: Lesson 16 of 24]

Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.

This lesson reviews tools of the Central Bank to increase the money supply [Banking, Money, Finance playlist: Lesson 13 of 24]

Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.

This lesson explains the weak points of fractional reserve banking. [Banking, Money, Finance playlist: Lesson 22 of 24]

Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.

This lesson continues the discussion of fractional reserve banking. It further discusses the FDIC, deposit insurance and its side effects. [Banking, Money, Finance playlist: Lesson 23 of 24]

Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.

This lesson is a summary of thoughts of why Fractional Reserve Banking is a subsidy to banks and allows them to arbitrage the yield curve. [Banking, Money, Finance playlist: Lesson 24 of 24]

Khan Academy learning modules include a Community space where users can ask questions and seek help from community members. Educators should consult with their Technology administrators to determine the use of Khan Academy learning modules in their classroom. Please review materials from external sites before sharing with students.

Beginning econometrics students often have an uneven preparation in statistics. The simulation gives students a clearer understanding of the behavior of OLS estimators.

This audio excerpt captures the beginning of Bayard Rustin's 1967 "Freedom Budget" speech, describing the social and economic impact of racism over time.

This audio excerpt captures the beginning of Bayard Rustin's 1967 "Freedom Budget" speech, describing the social and economic impact of racism over time.

This audio excerpt from Bayard Rustin's 1967 "Freedom Budget" speech outlines a nine-year plan to end poverty in America.

A Beautiful Mind won the Academy Award for best picture in 2001 and it chronicles the life of John Nash who is noted for his pioneering work on general equilibrium theory. This scene is a great way to discuss self-interest and contrast it with the social optimum. Nash's work has augmented Adam Smith's "invisible hand" theory by extending how self-interest is modeled. This scene is must viewing even though the scene itself contains flawed economics (explaining why the scene is NOT a Nash equilibrium helps students learn the concept in greater depth).

Imagine if vocabulary could come alive with the click of a button! Students create video posters to demonstrate knowledge of new economics vocabulary.

Students often come to a principles course in economics with knowledge that is not correct. This example asks students to guess the percent of federal expenditures for different spending categories. They are then shown the actual percentages. The student results can be the source of a class discussion on why many of their initial estimates were wrong (as they generally are). Students can also create their own budget by changing the amounts spent in each category. Budget Explorer, implemented over the internet, uses data from the Public Budget Database of the White House Office of Management and Budget.

As part of a list of frequently asked questions, this one discusses limitations of the Consumer Price Index.

This resource provides comprehensive information with topic areas covering statistics, news releases, FAQs, official government publications and more information pertaining to the consumer price index.

The United States Department of Labor provides comprehensive statistics on everything related to unemployment at the state, national, and international levels. Data is available for past years as well.

Part of the Bureau of Labor Statistics' website, the major sector Productivity and Costs program produces quarterly and annual output per hour and unit labor costs for the U.S. business, nonfarm business, and manufacturing sectors. Contains tables, charts, and productivity statistics most often cited by the national media.