This course is a look at the history and uses of money. What different items have been, and indeed are still used as money? How does money measure value – what impact does inflation and hyper-inflation have on money as a medium of exchange? What impact does money have on our everyday lives? How does the central bank control the supply of money and why is this important? How and why do exchange rates change and how does this affect our economy?
Course aim
Money - we all want it and we all need it, but what is it? This course will look at the history and uses of money to help understand it further.
Do I need any particular skills or experience?
- You will need your own personal email address so that you’re able to login to the WEA’s digital learning platform: WEA Canvas. You will need to be able to understand how to follow URL links to pages on the internet. If you want to understand more about Canvas please visit: http://bit.ly/WEAonline
- You will need to be able to follow links to join our WEA live video learning platform: WEA Zoom. If you’d like to understand more about our video learning platform, Zoom please visit: http://bit.ly/WEAonline and http://bit.ly/ZoomSpec
- This course is for a group of around 15 students studying in a live video-learning platform conference and an online digital learning environment platform from the comfort of your own home.
- This is a live lecture delivered by a subject specialist in an online webinar video learning platform. You will need to be able to access the internet on a device with speakers or earphones. There will be opportunities to take part in discussions and chats. If you’d like to know how to use Zoom please visit: http://bit.ly/ZoomSpec
- No skills or experience needed
- This course is suitable for beginners and improvers
By the end of the course I should be able to:
- Outline the history of money and its function as a medium of exchange
- Analyse the role of money in determining the level of economic activity
- Summarise how central banks and governments control the supply of money
- Discuss the role of markets like the foreign exchange market and the futures market in determining the value of money
- Evaluate the impact of inflation on income and the level of economic activity
How will I be taught?
- The WEA’s digital learning platform, Canvas will be used to provide resources or to support lessons, enable assessment, provide learner feedback and for other activities for individuals away from the course. If you want to understand more about our digital learning platform please visit: http://bit.ly/WEAonline
- The WEA tutor will use a range of different teaching and learning methods and encourage you and the group to be actively involved in your learning
What kind of feedback can I expect?
- You will be able to keep a record of your progress and achievement using photos, audio, text or documents uploaded into the WEA’s digital learning platform, WEA Canvas.
- Your tutor will provide written, text and audio feedback recorded in WEA Canvas, WEA’s digital learning platform.
- A range of informal activities will be used by the tutor to see what you are learning which may include quizzes, question and answer, small projects and discussion
- You will have opportunities to discuss your progress with your tutor
What else do I need to know?
- What you need: You will need an internet connection, speakers, a microphone and a webcam so that you can use our video learning platform, Zoom. If you’d like to understand more Zoom please visit: http://bit.ly/ZoomSpec
- You will need a personal email address to join the WEA’s digital learning platform, Canvas so that you can receive resources, record your progress and achievement and to work with others and share ideas. If you want to understand more about our digital learning platform please visit: http://bit.ly/WEAonline
- Nothing else is needed
- All materials will be provided
Pre-course work, reading and information sources
- You will have access to course resources and links to wider learning through the WEA’s digital learning platform, Canvas: http://bit.ly/WEAonline
- No pre reading or pre course work is required
What can I do next?
- Progress to another WEA course
Download full course information sheet
