The Children's University sheds light on the origin and functions of money

Money is a means of payment and a natural part of our everyday lives. But where does it actually come from? In the past, there was only as much money in circulation as was backed by gold reserves. Prof. Dr. Kay Hempel explains to the participants of the Children's University whether today's currencies are still hedged in metals.

The speaker from the BTU's Institute of Business Management is head of the ABWL department, in particular financial economics and financial services, and teaches in the applied business administration program. In his presentation, Prof. Hempel will also explain what is meant by the term helicopter money and reveal how much money is in circulation. Among other things, the children will learn what the signature on banknotes means and what functions money has in a market economy.

Pupils from grades three to six are invited to attend the Children's University lecture "Where does money actually come from?" from the comfort of their sofa at home. After the required registration by e-mail, they will be sent the link to access the lecture. This lecture of the children's university for the participants at the central campus Cottbus begins on Thursday, June 16, at 15 and 17:15 o'clock and lasts 45 minutes. Registrations and inquiries can be made at the e-mail address heike.postelt(at)b-tu.de or by calling 03573 85-280.

On Saturday, June 18, at 11 a.m., this lecturebegins for the participants of the Children's University at the Senftenberg campus. For this registrationand/or further inquiries under the email address kinderuni(at)b-tu.de as well as under telephone 03573 85-335 take place.

Background Children's lectures are intended to arouse early interest in solving scientific and other questions, to give children the opportunity to experience the flair of a university. The BTU Cottbus-Senftenberg provides solutions to scientific phenomena of everyday life in a child-friendly, exciting way and thus creates formative experiences and experiences that are intended in particular to reduce the inhibition threshold to a university.

Further information on the children's and schoolchildren's university and the other offers of the BTU Cottbus-Senftenberg for children and pupils:www.b-tu.de/unileben/kinder-und-schueler