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ERIC Number: EJ886650
Record Type: Journal
Publication Date: 2009
Pages: 6
Abstractor: ERIC
ISSN: ISSN-1552-8391
Using Interaction to Teach the Basics of Financial Intermediation
Haggard, K. Stephen
Journal of Applied Research for Business Instruction, v7 n3 2009
Many professors assume that their courses are exciting and worthy of students' attention. However, students find some finance courses to be more appealing than others. The introductory college course in financial intermediaries and markets often can be found at the bottom of student interest rankings of finance courses due to its complex nature. Student evaluation comments regarding the material often include terms such as "dry" and "boring." This paper examines the effectiveness of a game that uses student interaction to breathe life into the potentially "dry" and "boring" concepts of financial intermediation, including denomination intermediation, maturity intermediation, liquidity provision, and credit risk diversification. It presents an exercise designed to enhance and measure comprehension and measures the incremental impact of the exercise on learning over and above that accomplished with the formal lecture approach. (Contains 1 table.)
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Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A