Ch 75: Money, Banking & Financial Markets - ORELA Middle Grades Social Science

About This Chapter

This chapter can reintroduce you to money, banking and financial markets with the help of fun video lessons. Watch and refresh your knowledge to improve your chances of success on the ORELA Middle Grades Social Science assessment.

Money, Banking & Financial Markets: ORELA Middle Grades Social Science - Chapter Summary

Engaging lessons explore the money, banking and financial market concepts you can expect to see on the ORELA assessment. By watching the videos in this chapter, you can prepare yourself for:

  • Identifying types of financial assets
  • Calculating the time value of money and measuring the money supply
  • Defining and identifying types of money
  • Explaining the four basic functions of money
  • Discussing the fractional reserve system and how money is made
  • Describing money and the multiplier effect
  • Analyzing money demand and interest rates, as well as the money market

Tailor the lessons to your studying needs by watching them in the order that works best for you. The timeline below each video features clickable links that allow you to identify and skip to key topics within the lessons, further streamlining your studies.

Money, Banking & Financial Markets: ORELA Middle Grades Social Science Objectives

This Money, Banking & Financial Markets - ORELA Middle Grades Social Science chapter can prepare you to answer questions in the economics portion of the test, which constitutes about 12% of the total exam. In addition to reviewing the lessons, you can access a variety of resources perfect for strengthening your readiness to address this section. Among the resources are full lesson transcripts with easily identifiable vocabulary words, self-assessment quizzes and a chapter exam.

The test consists of 150 multiple-choice questions that explore subject areas including government, economics, history and geography and culture. You must earn a minimum passing score of 227 to secure or enhance the educator licensure you need to teach social science to students in the middle grades.

10 Lessons in Chapter 75: Money, Banking & Financial Markets - ORELA Middle Grades Social Science
Test your knowledge with a 30-question chapter practice test
Types of Financial Assets: Money, Stocks & Bonds

1. 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.

Present and Future Value: Calculating the Time Value of Money

2. Present and Future Value: Calculating the Time Value of Money

A central concept in business and finance is the time value of money. We will use easy to follow examples and calculate the present and future value of both sums of money and annuities.

Measuring the Money Supply: Explanation and Examples

3. Measuring the Money Supply: Explanation and Examples

Discover how the Federal Reserve defines the money supply by exploring the components of the money stock. In this lesson, we also look at the money supply in terms of function and liquidity.

What is Money? - Definition and Types

4. 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

5. 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.

Fractional Reserve System: Required and Excess Reserves

6. Fractional Reserve System: Required and Excess Reserves

This lesson provides an overview of basic banking concepts, illustrating how deposits turn into required reserves and excess reserves. It also covers how a bank accounts for these items on its balance sheet.

How Money Is Made: Understanding Bank Lending in the Economy

7. 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.

Money and Multiplier Effect: Formula and Reserve Ratio

8. Money and Multiplier Effect: Formula and Reserve Ratio

In this lesson, explore the concept of the multiplier effect and the money multiplier. Then, learn the formula for calculating changes in the money supply.

Money Demand and Interest Rates: Economics of Demand

9. Money Demand and Interest Rates: Economics of Demand

Learn about the differences between money, wealth and income and explore the factors that determine the demand for money in an economy. Take a look at the demand curve for money as well.

The Money Market: Money Supply and Money Demand Curves

10. The Money Market: Money Supply and Money Demand Curves

This lesson explores an economic model describing the supply and demand for money in a nation, referred to as the money market. It also describes the central bank's role in controlling the money supply, which impacts interest rates and the greater economy.

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

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Other Chapters

Other chapters within the ORELA Middle Grades Social Science: Practice & Study Guide course

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