Understanding when capitalism can potentially undermine innovation, competition and merit. Created by Sal Khan.
- Subject:
- History
- Material Type:
- Lesson
- Provider:
- Khan Academy
- Author:
- Sal Khan
- Date Added:
- 08/21/2023
The Principles of Macroeconomics (OSS 005) Course Content is designed to help the instructor teach all of the objectives of the course and can be used as a whole or in pieces or modules.
ABOUT THIS CONTENT: This content was created as part of an Ohio Department of Higher Education Innovation Grant to create Open Educational Resources for high enrollment courses. A team of faculty content collaborators, a librarian, and a faculty review team worked together to curate this content and assure that it meets the Transfer Assurance Guidelines for this course. This work was completed and the course was posted in January 2019.
Please visit ohioopened.org for more information about this initiative.
Understanding when capitalism can potentially undermine innovation, competition and merit. Created by Sal Khan.
This paper describes how to implement and run a game for teaching the principles of money and banking to an undergraduate economics class. The game primarily deals with the market for loanable funds, but numerous extensions are provided to cover topics such as monetary policy, the tools of the Federal Reserve, shifts in the equilibrium of the market for loanable funds, and the quantity theory of money. The experiment can be used in principles, intermediate macroeconomics, or money and banking courses. The experiment takes approximately 45 minutes to run, depending on class size, and requires no computers.