Module: Financial Markets and System
Why do the Financial Markets and System matter?
Take this pre-test to see what you already know about the concepts in this section. The pre-test does not count toward your grade, but will help you plan where to focus your time and effort as you study. The pre-test is optional.
focus
Explain the types, characteristics and functions of money
| Reading: The Functions of Money | |
| Video: What Is Money? | |
| Self-Check: Money |
focus
Describe the purpose of the Federal Reserve System and its role in controlling the money supply and influencing interest rates
| Reading: The Federal Reserve System | |
| Simulation: Chair the Fed | |
| Self-Check: Federal Reserve System |
focus
Describe the differences between the types of financial institutions including banks, credit unions, finance companies, and securities markets
| Reading: Financial Institutions | |
| Self-Check: Financial Institutions |
Explain how technology is affecting the traditional monetary system and the definition of “money”
| Reading: Electronic Alternatives to Raw Cash: The Advent of Cashless Society | |
| Reading: Bitcoin and Virtual Currencies | |
| Reading: Mobile Commerce and Mobile Payment Systems | |
| Self-Check: Technology and Money |
focus
Identify the securities exchanges (NYSE, OTC, NASDAQ) and the types of transactions that occur at each exchange
| Reading: Investments and Markets: A Brief Overview | |
| Self-Check: Securities Exchanges |
focus
Identify the potential risks and rewards to businesses and individuals associated with the issuance, purchase and sale of securities
| Reading: Measuring Return | |
| Reading: Measuring Risk | |
| Self-Check: Risks and Rewards |
Financial Markets and System
You can take this quiz twice. Your highest score will count as your grade. Don’t wait until the last minute to take the quiz – take the quiz early so you’ll have plenty of time to study and improve your grade on your second attempt.