Coming Soon—Teach and learn with the Classroom Economist: Fractional reserve banking
Everyone knows what a bank is, but does everyone know how banks work? How did banks get their start? What happens to your deposit after you leave the bank? The third edition of the Classroom Economist will focus on the fractional reserve banking system, providing answers to important questions that students may have about how the banking system operates and examples of fractional reserve banking at work.
Used by teachers both to enhance their own knowledge and to share with students in the classroom, the Classroom Economist is a flexible online program that contains several tools to support the teaching of economic and monetary topics. These features include:
Chat with an economist: Bring an economist to your classroom! Mike Bryan, vice president and senior economist at the Federal Reserve Bank of Atlanta, gives an economist's view on the inner workings of fractional reserve banking, as well as the role that the Fed plays in the banking system.
Lesson demonstration: Follow a master teacher as she gives tips on active-based learning and demonstrates a related hands-on lesson that you can bring to your own classroom.
PowerPoint lesson: Whether you use this feature to increase your own knowledge or as a platform for student learning, the PowerPoint lesson will provide deeper insight into the role of banks, the fractional reserve banking system, monetary expansion, and the role of the Federal Reserve.
Test your knowledge: This short PowerPoint-based quiz will gauge your students' understanding of critical concepts—or even your own. This piece can also be used for review or as a basis for creating your own evaluations.
SMARTBoard lesson: Teachers with interactive whiteboards will appreciate the SMART Lesson on fractional reserve banking, which provides another opportunity to get students actively involved in the lesson.
Resource guide: This guide provides links not only to the demonstrated lesson but to other free lesson plans, publications, and resources to supplement your unit on money and banking.
Be sure to check out our earlier editions of the Classroom Economist on money and inflation and look for our fourth-quarter module on monetary policy!
September 6, 2011