What is Money?

 

 

Money is an agreement

The agreement may be voluntary or coerced, conscious or unconscious, and may fluctuate with time or remain fixed.

 

within a community

All kinds of communities--large and small; local, national, international, or virtual; cooperative or competitive--may create such an agreement.

 

to use something as a medium of exchange.

 

The money itself can be issued en masse by a central authority or created ad hoc by two consenting parties in a mutual credit system; it may store value or merely mark transactions; it may be backed or valued with something tangible or merely by the issuing authority; and it may take any shape--coins and bills, some chalk marks on a blackboard, or bits of data inside a computer.

 

Ideas for a unit on money:

Other names for money - cash, coin, moolah

History of money - world, Australia

Australian notes and coins - book, Who's on the Money by Chris Miles (TAFE library)

     History, Who/what is on the coins and notes

     Who would you put on our notes?

     Choose a note/person and write a short history

     Changes - 1c, 2c, $1 notes and $2 notes now coints

Note/coin making process

     What features are on our notes - anti-counterfitting devices, person, value, serial numbers

     What is our money made of?

     Different 50c coins - details

Decimal currency/British pound, shillings and pence

Money in the News

Money in films, books, songs, nursery rhymes etc

Money on TV - Money, Game Shows

Complimentary Currency - history

     Tokens, Fiat

     Design your own currency for school, TAFE, Shepparton

     Frequent Flyer points and other schemes

What would you buy for a Million Dollars?

     Do a PMI on winning one million dollars

Budgeting

Banks, Credit Unions, Online Banking and financial institutions

Credit Cards

Stockmarket

Barter Card and Empire Trade Exchange

Money Skills

Money doesn't grow on trees and other sayings

     Money is the root of all evil - what does this mean and where did it come from?

Jokes about money

Cartoons about money - Mr Scrooge

Money is Debt video, History of Money (funny) video

Redesign Google logo to a money theme

Money survey - credit cards, online banking

Currencies in other countries - Euro

Design your own money game - Monopoly

     List money games

TAFE Dollars

Debt and Inflation

High fuel prices

How did the Dollar and Dollar sign originate?

Money making scams/schemes

Famous crooks/bank robbers in history

Value of money - most expensive appartment and number plate

     Check Guiness Book of Records

Top 10 of Everything

Convert the Dollar to other currencies

Shopping online

Saving Money

     Piggy Banks

The Rich and Poor

     List famous rich people - http://en.wikipedia.org/wiki/Wealthy_historical_figures_2008

Expensive items - gold, jewels, ancient artifacts etc

     Collectables and Antiques

Money can't buy....

Reward and Inheritance

Philanthropists

Winning Money/Gambling - http://www.powerhousemuseum.com/gambling/ - Calculating the Risk

     Gambling in Australia - Thrills, Spills and Social Ills - http://www.powerhousemuseum.com/previous/gambling.asp

     Tattslotto, Taberet, TAB, Sportsbet, Horse Racing, Football, Casino, Poker, Scratchies, Raffle Tickets, Sharemarket

     Legal and Illegal

     Gambling Impact Society

     Gambling Explained - Better Health Channel

     Wikipedia

      Gambling in Australia - Trends and Issues.pdf

     Internet Gambling

Use Google Maps to show a currency trail

 

Money Glossary