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Series: Economics: Banking, Spending, Saving and Investing

About this Series

  • Lessons: 19
  • Total Time: 2h 54m
  • Use: Watch Online & Download
  • Access Period: Unlimited
  • Created At: 04/01/2010
  • Last Updated At: 04/18/2011

This thirteen-lesson unit will look at banking, spending, saving and investing in an economic context. We'll start with four lessons that deal with money in the economy. The first lesson of the series will teach you about the money supply, the functions of money, and how the government creates value for our currency. The second lesson looks at the ideas behind a cashless society. In the third lesson, we will learn about the determinants of money demand and answer the question, "what makes money valuable?" Finally, in the fourth lesson we will learn about the Money Market and the relationship between supply and demand of money and the interest rate.

The next four video lessons will cover financial markets. The first lesson of this sequence will teach you about the roles of intermediaries involved in financial markets. The second lesson asks the relevant question: Should government bail out failing banks? The third lesson will cover stocks and bonds. The fourth lesson will teach you about the price of bonds and the interest rate.

The following video lessons will deal with the Fed (or Federal Reserve), what it is, what it does and how it works. The first video lesson in this sequence will teach you what the Federal Reserve System is and how it operates. The second lesson will asks and discusses the question of whether Federal Reserve requirements are necessary. In the third lesson, you will learn about the Feds tools of monetary policy. Finally, in the fourth lesson, we will look at policies during the Greenspan Era, The Era when Alan Greenspan headed the Federal Reserve.

This section will be followed by a four lesson sequence on the creation of money. In the first video of this sequence, we will teach you how Goldsmiths created money. In the second lesson, we will be doing a case study on the cigarettes as money. In the third lesson, we will look at how banks create money. Finally, in the fourth lesson, you will learn about how and why the federal reserve changes the money.

In the final three lessons of this video series, we will be discussing investment demand. In the first lesson, you will learn how investment demand works. In the second lesson, we will look at the market for loanable funds and the government's policies. In the third lesson, you will learn about equlibrium in the money market

Taught by Professor Tomlinson, this video series was selected from a broader, comprehensive course, Economics. This course and others are available from Thinkwell, Inc. The full course can be found at The full course covers economic thinking, markets, consumer choice, household behavior, production, costs, perfect competition, market models, resource markets, market failures, market outcomes, macroeconomics, macroeconomic measurements, economic fluctuations, unemployment, inflation, the aggregate expenditures model, banking, spending, saving, investing, aggregate demand and aggregate supply model, monetary policy, fiscal policy, productivity and growth, and international examples.

Steven Tomlinson teaches economics at the Acton School of Business in Austin, Texas. He graduated with highest honors from the University of Oklahoma and earned a Ph.D. in economics at Stanford University. Prof. Tomlinson's academic awards include the prestigious Texas Excellence Teaching Award given by the University of Texas Alumni Association and being named "Outstanding Core Faculty in the MBA Program" several times. He has developed several instructional guides and computerized educational programs for economics.

About this Author

2174 lessons

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Lessons Included

None of the lesson in this series have been reviewed.

Below are the descriptions for each of the lessons included in the series:

Supplementary Files: