{"id":221,"date":"2021-10-04T00:01:00","date_gmt":"2021-10-04T04:01:00","guid":{"rendered":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-1800-intro-to-business-professor-buckler-fall-2021\/?page_id=221"},"modified":"2022-07-26T15:08:02","modified_gmt":"2022-07-26T19:08:02","slug":"unit-5-course-materials","status":"publish","type":"page","link":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/units\/unit-5-course-materials\/","title":{"rendered":"Unit 5 Course Materials"},"content":{"rendered":"\n<p id=\"block-54e37110-5eb1-4cb8-b6f2-3701006fdc3a\">Welcome to&nbsp;<strong>Unit 5: Financial Markets<\/strong>! In this unit, we will explore the different institutions and markets that make up the financial system and how that system impacts the economy and money supply. We will learn more about money and the role of banks in the economy and in business. We will also describe common ways businesses obtain financial capital (money) to fund their operations.<\/p>\n\n\n\n<p id=\"block-4f14c311-9dd2-4fa5-b809-7d8da8d4ced1\"><strong>By the end of this unit, you should be able to:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Explain the three key functions of money<\/li><li>Discuss the advantages of using money versus barter<\/li><li>Discuss alternatives to traditional currency used today<\/li><\/ul>\n\n\n\n<p><strong>In order to successfully complete this unit, you\u2019ll need to do the following:<\/strong><\/p>\n\n\n\n<p>1. Read this Open Educational Resource (free to access):&nbsp;<strong><a href=\"https:\/\/courses.lumenlearning.com\/wmopen-introductiontobusiness\/chapter\/why-it-matters-financial-markets-and-system\/\" target=\"_blank\" rel=\"noreferrer noopener\">Module 4: Financial Markets and System<\/a><\/strong>\u00b9<\/p>\n\n\n\n<p>2. Watch <a href=\"https:\/\/www.youtube.com\/watch?v=CMVT6e7LjX0\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>this video<\/strong><\/a> from the Federal Reserve (also embedded below) about US money &amp; what makes money valuable:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-4-3 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"U.S. Currency and the Fed | Museum Mini-Lesson\" width=\"625\" height=\"469\" src=\"https:\/\/www.youtube.com\/embed\/CMVT6e7LjX0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>3. Complete our\u00a0<strong>Unit 5 Assignment<\/strong>. You can find more details\u00a0<strong><a href=\"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/assignments\/unit-5-assignment\/\">here<\/a><\/strong>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n\n\n<p>As always, if you need more information, you can&nbsp;<strong><mark>ask me a question<\/mark><\/strong>. For information on due dates, check our&nbsp;<a href=\"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/about-this-class\/schedule\/\"><strong>Course Schedule<\/strong><\/a>.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\" \/>\n\n\n\n<p><strong>Sources:<\/strong><\/p>\n\n\n\n<p><sup>1<\/sup>CC LICENSED CONTENT, ORIGINAL Why It Matters: Financial Markets and System.&nbsp;<strong>Authored by<\/strong>: Linda Williams and Lumen Learning.&nbsp;<strong>License<\/strong>:&nbsp;<em><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Welcome to&nbsp;Unit 5: Financial Markets! In this unit, we will explore the different institutions and markets that make up the financial system and how that system impacts the economy and money supply. We will learn more about money and the role of banks in the economy and in business. We will also describe common ways [&hellip;]<\/p>\n","protected":false},"author":1403,"featured_media":0,"parent":35,"menu_order":5,"comment_status":"closed","ping_status":"closed","template":"","meta":{"portfolio_post_id":0,"portfolio_citation":"","portfolio_annotation":"","openlab_post_visibility":"","footnotes":""},"class_list":["post-221","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/wp-json\/wp\/v2\/pages\/221","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/wp-json\/wp\/v2\/users\/1403"}],"replies":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/wp-json\/wp\/v2\/comments?post=221"}],"version-history":[{"count":5,"href":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/wp-json\/wp\/v2\/pages\/221\/revisions"}],"predecessor-version":[{"id":984,"href":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/wp-json\/wp\/v2\/pages\/221\/revisions\/984"}],"up":[{"embeddable":true,"href":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/wp-json\/wp\/v2\/pages\/35"}],"wp:attachment":[{"href":"https:\/\/openlab.bmcc.cuny.edu\/bus-104-introduction-to-business-oer-course-template\/wp-json\/wp\/v2\/media?parent=221"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}