Title: Unit 6: Money & The Role of Financial Institutions Curriculum Alignment (Teacher Only)
Course: Indiana Economics Sample Syllabus > Section: Unit 6: Money & The Role of Financial Institutions

Money and the Role of Financial Institutions

E.6.1 Explain the basic functions of money.

E.6.2 Explain the role of financial institutions play among savers, borrowers, and investors. (E)

E.6.3 Demonstrate how banks create money through the principle of fractional reserve banking.

E.6.4 Describe the structure and functions of the Federal Reserve System. (E)

E.6.5 Explain how interest rates act as an incentive for savers and borrowers. (E)

E.6.6 Compare and contrast different types of financial investments. (E)

E.6.7 Demonstrate how supply and demand determine equilibrium price and quantity in the financial markets.