Lesson #16:
During this class students will explore the circular flow of the money supply within free market and mixed economic systems. The money supply is a significant concept associated with the economic cycle.
The money supply is a term used to describe a society's total supply of money. This supply is constantly flowing through two different sectors of the economy. One sector we can call "active money," while the other sector can be referred to as "inactive money. This cycle will be analyzed, and the fundamental forces which drive the economic cycle will be related to the flow of the money supply.
At the conclusion of the class, students should have gained an understanding of the following characteristics associated with the money supply:
In addition, students will understand how the following economic characteristics influence the flow of the money supply.
Finally, students will come to appreciate a unique conflict within Canadian social values referred to as the "Canadian Schism".
| Canadian Schism: A term used to describe a conflict in Canadian social values between a) wanting economic "freedom" and, b) demanding that the government "control" the economy (especially when things go bad). |
Instructional Method and Evaluation:
Students will continue to gather articles from the business section of online newspapers and magazines in an attempt to analyze our current position within the economic cycle. Such resources include, but are not limited to:
Resources:
Relevant web sites:
