Title: Module 1 Introduction: (CU3 M1)
Course: SkillsCom EC 202 15.0 > Section: Credit Unit 3 Module 1- Money, Banks, & the Federal Reserve

Module 1 focuses on the definition and functions of money, the way we measure the money supply, the ways that banks increase the money supply, and introduces the Federal Reserve System. An important component to Module 1 is measuring the money supply and examining how it is affected by banks and managed by the Federal Reserve.

Module Outcomes:

- Know the functions of money and the different ways the money supply is measured.
- Explain how banks create money by taking deposits and giving loans.
- Explain the different ways that the Fed manages the money supply.