ERIC Number: EJ582821
Record Type: CIJE
Publication Date: 1999
Reference Count: 0
Teaching Fisher's Theory of Interest in a Simple Auction Setting.
Swanton, Donald W.
Journal of Economic Education, v30 n1 p43-51 Win 1999
Argues that standard methods of teaching Irving Fisher's theory of interest to undergraduates are generally difficult and unsuccessful. Presents a lesson in which students playing out roles in a story learn how the interest rate determines equilibrium in credit markets and sets prices of investment opportunities. (DSK)
Publication Type: Guides - Classroom - Teacher; Journal Articles
Education Level: N/A
Authoring Institution: N/A