With the passage of Senate Bill 3, beginning with the class of 2027, the Oregon diploma requirements will include 0.5 credit in Personal Financial Education and 0.5 credit in Higher Education and Career Path Skills. Visit the Overview to learn more about these new requirements.
Material Type: Reading
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.
Material Type: Lecture, Lesson, Lesson Plan, Reading
Modern economies rely heavily on financial intermediaries to channel funds between borrowers and lenders. In this issue, the role of traditional banking is outlined and a parallel system—shadow banking—is explored.
Material Type: Lesson, Reading
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?
Material Type: Lecture
This video introduces students to what banks do and their purpose in our economy as a linker between borrows and lenders. This video will aid in the mastery of standard EPF. 12
Material Type: Lecture
The rationale for targeting interest rates instead of directly having a money supply target. Created by Sal Khan.
Material Type: Lesson
Material Type: Unit of Study
This lesson is about Automatic Teller machines which is one of the means of payments in banking’, under the topic banking of the Zambian Grade 11 Syllabus for Commerce.
Material Type: Lesson
Overview of full reserve banking in comparison to fractional reserve banking. Created by Sal Khan.
Material Type: Lesson
This video breaks down a bank's balance sheet even further by walking through assets, liabilities, equity, required reserves, and excess reserves.
Material Type: Lesson
If you track the value of a currency, you'll notice its value fluctuates. In this video, we introduce to how exchange rates can fluctuate. Created by Sal Khan.
Material Type: Lesson
If you track the value of a currency, you'll notice its value fluctuates. In this video, we introduce to how exchange rates can fluctuate. Created by Sal Khan.
Material Type: Lesson
In 2018, the world was shaken by the fast rise of Bitcoin and other cryptocurrencies that use a decentralized, blockchain technology for payment transfers outside of the traditional banking system. The potential impact this alternative form of banking could have in the medium and long term on the over 2 billion people globally unbanked is tremendous. Additionally, blockchain itself is being used for value transfer combined with bio and genetic tagging technologies in refugee camps for example, bringing to rise a new era where technology for development is disrupting education, healthcare and security programs globally.
Material Type: Reading
Financial literacy - CashOnHand - Banking - Shawn - ASL/English
Material Type: Lesson
Hand in Hand D-1 - Our City - Banking and Money
Material Type: Lesson
This unit covers topics in banking for personal finance.
Material Type: Unit of Study
ATM machines are some of the most useful technologies today, and perhaps one of the most prominent that connects our digital world to the physical one. By simply putting in your card you can instantly get cold hard cash from your bank account, but how is that even possible? We've all used an ATM: After you input your card into an ATM, you then input a PIN to ensure proper security measures, then you're met with prompts for how and how much money you want to extract. Once the entire process is approved by the bank, you get your money out. In essence, an ATM machine is a computer that has a mechanical dispenser for cash. Notably, that computer is connected to a secure network that can link up and validate information with your bank account. So what all goes into this giant computer that dispenses cash?
Material Type: Diagram/Illustration
In small groups, students will research and obtain information to compare services offered and rates between banks and credit unions. To conclude, students will present their findings and state why one might choose one over the other.
Material Type: Lesson Plan
In small groups, students role play financial institutions and consumers in order to learn the importance of FDIC and NCUA Insurance. Class Time Needed: 60-75 minutes
Material Type: Lesson Plan
