All banknotes have security features which are intended to help determine whether they are false or genuine. Typically, however, the general public has limited knowledge of where on a banknote these security features can be found. Here, we tested whether counterfeit detection can be improved with the help of salient elements, designed to guide…

This paper presents an analytical review of scientific works devoted to one of the topical studies in cognitive and cultural linguistics, to the concept of "money" that is included in the corpus of basic concepts of European civilization. The framework consists of systematization of most of existing scientific results of verbal…

In this article, the authors describe a classroom experiment on exchange rates appropriate for undergraduate courses in macroeconomics, international economics, and money and banking. Student teams compete by managing virtual portfolios of six foreign currencies over a period of several weeks. Trading requires a few minutes in class. Students gain…

From the early 1600s to the late 1700s the monetary system of the 13 colonies was so dysfunctional that basic transactions required cumbersome mathematical calculations, specialized almanacs, and extensive knowledge of foreign coinage weights, measures, and values. Once the Declaration of Independence was signed, one task of the Founding Fathers…

The cryptocurrency Bitcoin has been prominently featured in the news recently. Its ascension in value has been nothing short of extraordinary. This article briefly explains what Bitcoin is and how it works. The more challenging question is what Bitcoin--this cryptographic breakthrough--really is: currency, like the U.S. dollar, an asset, more like…

The manuscript proposes a method based on Blockchain technology, IPFS, and asymmetric key algorithm to authenticate academic degrees and certificates. The proposed method employs decentralization and therefore provides a scalable, secure, transparent, and economical solution than existing methods. In the proposed framework, the degrees and…

The money creation and monetary policy chapters in the leading introductory textbooks commonly present an outdated and misleading approach that is now largely irrelevant. A preferable model would help students understand that money and monetary policy are about bank and household motives, the importance of capital, and the role of credit. An…

The foreign exchange (FX) market is an important chapter in international finance. Understanding the market microstructure is critical for learning the FX market. To assist students better understand the FX market microstructure, an instructor can use an event study with minute-by-minute quote data provided in the Excel assignment, asking students…

Bitcoin is the first major decentralized cryptocurrency with wide acceptance. A core technological innovation of Bitcoin is blockchain, a secure and pseudonymous general ledger that stores every Bitcoin transaction. Blockchain has received enormous attention from both the commercial and academic worlds, and it is generally recognized as the…

The pandemic has accelerated technological advances in higher education. Learning management systems that make use of the persistent platform, a wide range of communication options, and profoundly immersive qualities quickly become the platform of choice for learning management systems. The blockchain enables non-fungible tokens (NFTs) and uses…

Introduction: Education is an important tool for improving many aspects of life, including socio-economic status or well-being. The paper is aimed at monitoring the financial literacy of pupils in Eastern Slovakia. Methods: The contribution will contain the results of the survey. We analyse in detail the theoretical definition of financial…

This study explores the use of blockchain in the course design and evaluation in Chinese universities, and explores the value of teachers' views and experiences on blockchain in the course design. Previous studies have shown that blockchain has a positive effect on the improvement of online teaching management and evaluation quality. Most of the…

In this paper, we explore the role of mundane artefacts, namely bank notes, in the construction of language policy. Our case study involves a site of complex language policy and politics, namely the current day territory of Transcarpathia. During the twentieth century the region of Transcarpathia belonged to several different states: to the…

Classroom practitioners are expected to facilitate effective learning under the "Curriculum and Assessment Policy Statement" (CAPS) in South Africa. During this facilitation process, educators are required to become more resourceful in terms of their learning and teaching strategies. This article is based on a case study -- within the…

In the year that George Ritzer publishes the ninth edition of "The McDonaldization of Society," moving his famous theory firmly "Into the Digital Age," critical educator Petar Jandric and sociologist Sarah Hayes invited George to a dialogue on the digital transformation of McDonaldization and its critical application to Higher…