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Ch 1: Basic Finance

About This Chapter

The Basic Finance chapter of this Investing Help and Review course is the simplest way to master basic finance. This chapter uses simple and fun videos that are about five minutes long, plus lesson quizzes and a chapter exam to ensure you learn the essentials of basic finance.

Who's It For?

Anyone who needs help learning or mastering basic finance material will benefit from the lessons in this chapter. There is no faster or easier way to learn basic finance material. Among those who would benefit are:

  • Students who have fallen behind in understanding financial markets or long- vs. short-term capital gains
  • Students who struggle with learning disabilities or learning differences, including autism and ADHD
  • Students who prefer multiple ways of learning finance (visual or auditory)
  • Students who have missed class time and need to catch up
  • Students who need an efficient way to learn about basic finance
  • Students who struggle to understand their teachers
  • Students who attend schools without extra finance learning resources

How It Works:

  • Find videos in our course that cover what you need to learn or review.
  • Press play and watch the video lesson.
  • Refer to the video transcripts to reinforce your learning.
  • Test your understanding of each lesson with short quizzes.
  • Verify you're ready by completing the Basic Finance chapter exam.

Why It Works:

  • Study Efficiently: Skip what you know, review what you don't.
  • Retain What You Learn: Engaging animations and real-life examples make topics easy to grasp.
  • Be Ready on Test Day: Use the Basic Finance chapter exam to be prepared.
  • Get Extra Support: Ask our subject-matter experts any basic finance question. They're here to help!
  • Study With Flexibility: Watch videos on any web-ready device.

Students Will Review:

This chapter helps students review the concepts in a Basic Finance unit of a standard Investing course. Topics covered include:

  • The definition of money
  • Money's basic functions
  • Bank lending and the process of making money
  • Investments and financial investments
  • Financial assets
  • Goods and financial markets
  • Various forms of insurance coverage
  • Personal investments and income taxes

9 Lessons in Chapter 1: Basic Finance
Test your knowledge with a 30-question chapter practice test
What is Money? - Definition and Types

1. What is Money? - Definition and Types

In this lesson, you'll learn what money is and its four basic functions. You'll also take a look at how it benefits society and explore the different types of money.

The Four Basic Functions of Money

2. The Four Basic Functions of Money

This lesson uses real-world examples to describe the four basic functions that money serves in an economy. These basic functions help to create the foundation of the money system.

How Money Is Made: Understanding Bank Lending in the Economy

3. How Money Is Made: Understanding Bank Lending in the Economy

In this lesson, you'll learn how a single deposit in a local bank increases the money supply and filters through the economy with the help of the fractional reserve banking system.

What is a Financial Investment? - Definition, Types & Examples

4. What is a Financial Investment? - Definition, Types & Examples

Learn about the basics of financial investments and some of the key terminology that is important to understand. Find out about some of the most common types of financial investments and the unique attributes of each.

Investment vs. Investments in Economics

5. Investment vs. Investments in Economics

Discover the important difference between investment in economics and investments that individuals make by saving out of their income. This lesson defines and outlines the basic components of gross private domestic investment.

Types of Financial Assets: Money, Stocks & Bonds

6. Types of Financial Assets: Money, Stocks & Bonds

For an economy to operate effectively, consumers and businesses need a common medium of exchange and mechanisms to encourage some people to save, others to borrow and others to invest. In any modern economy, these needs are met with money, stocks and bonds.

Financial Markets & Goods Markets

7. Financial Markets & Goods Markets

Learn about two of the biggest markets in most economies; the financial and goods markets. Find out what financial markets are and the purpose they serve. Explore the stock market and bond market and see how they are different than the goods market.

Insurance Coverage for Various Types of Risk

8. Insurance Coverage for Various Types of Risk

Businesses operate in a world of risk. One of the best ways to manage risk is through insurance. In this lesson, you'll learn about the types of insurance coverage available to businesses to help them manage their risks.

Income Tax Issues in Personal Investments

9. Income Tax Issues in Personal Investments

In this lesson, we'll define income tax. You'll learn about three types of investments: stocks, bonds and real estate. We'll also discuss the various types of income received from these investments and their tax treatment.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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