Fractional reserve banking and the multiplier effect. Introduction to the money supply. Created by Sal Khan.
How "money" is created in a fractional reserve banking system. M0 and M1 definitions of the money suppy. The multiplier effect. Created by Sal Khan.
Introduction to bank notes (which you are more familiar with than you realize). Created by Sal Khan.
More on how bank notes and checks can be used. Created by Sal Khan.
How banks can give out loans without ever giving out gold. Created by Sal Khan.
How reserve requirements limit how much lending a bank can do. Created by Sal Khan.
Seeing how reserve ratios limit how much lending I can do. Created by Sal Khan.
There are many reasons to keep your money in a bank or credit union. The October 2020 issue of Page One Economics®: Focus on Finance describes what banks, credit unions, and online banks are and outlines things to consider when choosing where to have an account and what type of account to have.
Students learn that bankruptcy is a federal court proceeding designed to help individuals address debt problems and to provide fair treatment to creditors. They learn the six different types of bankruptcy; however, the lesson focuses on the two types of bankruptcies used mostly by consumers: Chapter 7 and Chapter 13. They analyze bankruptcy terms and learn the similarities and differences between Chapter 7 and Chapter 13 procedures. They also participate in an activity that requires them to work collaboratively to match a bankruptcy step with its correct description. As an assessment, they review scenarios and suggest the best bankruptcy option. This lesson assumes that students are familiar with credit, uses of credit, types of credit, and basic credit terminology.
Many people find themselves in financial trouble, but it is good to know there are options available should you need serious financial help. The April 2018 bonus edition of Page One Economics: Focus on Finance discusses earning income, budgeting, late payments, and collections. It introduces the basics of legal protection offered in the form of bankruptcy and describes some potential consequences of filing a bankruptcy case.
Payday and title lenders, pawn shops, check-cashing services and prepaid cards can be convenient and valuable financial services, similar to those offered by traditional providers of such services—banks and credit unions. What are the costs and benefits of using alternative financial services, as well as of going to a bank or credit union?
Beginning econometrics students often have an uneven preparation in statistics. The simulation gives students a clearer understanding of the behavior of OLS estimators.
Understanding basic capital structure differences. Created by Sal Khan.
Using a cash flow statement to reconcile net income with change in cash. Created by Sal Khan.
The mechanics of a simple leveraged buy-out. Created by Sal Khan.
When you short a stock, you are betting that the price of the stock is going to decrease. In this video, learn about the basics about shorting stocks. Created by Sal Khan.
Understanding that a marginal tax rate does not apply to all of income. Created by Sal Khan.
This paper enable to have a better understanding of microeconomics. It helps the student to apply the concepts in real life.
This audio excerpt captures the beginning of Bayard Rustin's 1967 "Freedom Budget" speech, describing the social and economic impact of racism over time.