Barter Bank Notes and Beyond

Synopsis

Links economic theory with real business activity. In 3 parts: 1) Barter, commodity money, gold and silver coins. Hold-up of a rich merchant. Goldsmiths. Early forms of banknotes and cheques. 2) Opening and operating a bank account. Simple bank balance sheets. Young couple borrow money. Effect of lending on bank balance sheet. Interview with bank loan officer. 3) the money supply. Effect of increasing the money supply on a simple island economy. Hyperinflation in Germany and Indonesia. Causes of changes to the money supply.

Series

Real World Economics, Series

Language

English

Country

New Zealand

Medium

Video; Videocassette. VHS. col. 16 min.

Year of production

1993

Availability

Sale; 1996 sale: £29.50 (+VAT +p&p)

Uses

Secondary/adult.

Subjects

Economics

Keywords

banking; monetary systems

Production Company

Name

New Zealand

Distributor

Name

Viewtech Educational Media

Notes

NB. Viewtech ceased trading in 2014 and the company’s products are no longer in distribution