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ERIC Number: EJ845955
Record Type: Journal
Publication Date: 2009
Pages: 16
Abstractor: As Provided
Reference Count: 6
ISSN: ISSN-0022-0485
Teaching Undergraduate Money and Banking: T-Bill Auctions and Stock Market Models
Saros, Daniel E.
Journal of Economic Education, v40 n3 p315-330 Sum 2009
The author offers innovative approaches to 3 topics that are typically only briefly mentioned (if at all) in money and banking courses. The first topic is a Treasury bill auction experiment in which students have an opportunity to participate directly. The results from a class of 14 money and banking students are used to explain how an instructor might conduct such an experiment in the classroom. Relatively simple algebraic models are also developed for 2 types of stock market transactions: short selling and margin buying. Three analytical exercises are presented with complete solutions to demonstrate how an instructor might assign related problems for students. These experiments and models give students a lasting understanding of a number of rarely discussed topics in money and banking courses. (Contains 3 figures, 2 tables, and 2 notes.)
Heldref Publications. 1319 Eighteenth Street NW, Washington, DC 20036-1802. Tel: 800-365-9753; Tel: 202-296-6267; Fax: 202-293-6130; e-mail:; Web site:
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: Teachers
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Indiana