Slide 1Essex EC248-2-SP Lecture 1 Money, Banking and the Financial System: An Introduction Alexander Mihailov, 16/01/06 Slide 2 © 2004 Pearson Addison-Wesley. All rights…

Slide 1Money & Banking Chapter 10 Section 1 Money Slide 2 Money & Banking Objectives: Describe the three uses of money. Explain the six characteristics of money.…

Slide 1Do Now What do the following terms have to do with money? Goods Services Scarcity Capital Slide 2 What is Money? Slide 3 Money Money: serves as a medium of exchange,…

Slide 1 5/7 Warm-Up Pass up p. 266 for me to check. 1.What are the two ways a stockholder can make money? 2.What are the two most important measures of the stock market?…

MONEY AND BANKING Money used to be in the form of coins that were made from precious metals and had value based upon their make up. As time went on paper receipts were used…

KECSS Ms. Murren Economics 12/5/11 KECSS Ms. Murren Economics 12/5/11 Outcome SWBAT the three uses of money SWBAT identify and explain the six characteristics money SWBAT…

KECSS Ms. Murren Economics 12/5/11 KECSS Ms. Murren Economics 12/5/11 Outcome SWBAT the three uses of money SWBAT identify and explain the six characteristics money SWBAT…

Before we get started… The units in the first quarter dealt with microeconomics. What is microeconomics? “The study of economic behavior and decision-making in small…