Moving the Bass Line (Walking)

In class we have been working some chords and altering the bass notes. This can give us a more interesting sounding chord and often provides movement when a chord is played for an extended amount of time. Guitarists will often add a bass line to connect chords and give an accompaniment more activity.
Here is an example of a chord progression that uses a moving and alternating bass line to create more motion and activity. These chords are similar to the ones in the classic song "House of the Rising Sun"

You know all of these chords and the fingering for the moving bass line has been provided for you. Here is a video clip so you can hear the example.