Wednesday, January 23, 2008

Free Technology For Teachers: Economics Lesson- Money as Debt

Money as Debt is a useful, if slightly biased, lesson on the banking system. The video holds students' attention despite being a little long (47 minutes). It is an animated story of the development of the banking system and how the banking system continues to work. I've used this video in my class four times and each time the kids have come away with a better understanding of the banking system. The video is available for free download by clicking here or you can watch it right here as I have embedded it.


Applications for Education
The video itself does provide a good lesson on the possible pit falls and problems of the banking system. The fact the video is somewhat biased is a great opportunity to teach students about bias and or propaganda in the media.