Active Learning Exercises
1. The Nature of Money and the Evolution of Money from Primitive to Modern Forms
Exercise 1a: The benefits of trade
Exercise 1b: Discussion of Chapters 1-4 of The Wealth of Nations.
Exercise 1c: Discussion of Radford, "The Economic Organization of a POW Camp."
Exercise 1d: Discussion and Essay Assignment on Paul Einzig, Primitive Money
Exercise 1e: Discussion of "Anchors aweigh..." by Angela Redish
2. An Introduction to Banks and the Origins of Banking
Exercise 2a: Discussion of "Historical Survey of Banking Operations" by Roger Orsingher
Exercise 2b: Discussion of "The Dawn of Medieval Banking" by Robert S. Lopez
Exercise 2c: Mock hearings on resolutions concerning the Bank of the United States
Exercise 2d: Mock vote on resolutions concerning the Bank of the United States
3. Money, Interest and Prices
Exercise 3a: Discussion of Chapters 5-7 of The Wealth of Nations
Exercise 3b: Discussion of Chapters 2-5 of Fisher's Theory of Interest
4. Cultural Issues involving Banks, Banking, and the Payment of Interest
Exercise 4a: Discussion of Chapter 2 of Faith and Wealth by Justo L. Gonzalez
Exercise 4b: Discussion of Leonard and etymology of words for money
Exercise 4c: Money as a metaphor in Pushkin's Queen of Spades
Exercise 4d: Money and the arts
5. Monetary Policy
Exercise 5a: Discussion of "Responses to Federal Reserve Policy" by Ann-Maire Meulendyke
Exercise 5b: Discussion of "Money and the Economy: A Monetarist View" by William Poole
Exercise 5c: Discussion of "The Monetary Transmission Mechanism" by Mishkin
6 Money and Politics
Exercise 6a: Discussion of Maestro by Bob Woodward
Exercise 6b: Discussion of "Global Financial Instability" by Mishkin
Exercise 6c: Discussion of "International Institutions for Reducing...Instability" by Rogoff