ECONOMIC INSTRUCTION - Teaching Fisher's Theory of Interest in a Simple Auction Setting - By playing roles, students learn how the interest rate determines equilibrium in credit markets and also sets the prices of investment opportunities. Students learn the equivalence of the interest rate and the marginal productivity of capital, the price of an investment opportunity as its net present value, ...
| Year of publication: |
1999
|
|---|---|
| Authors: | Swanton, Donald W. |
| Published in: |
The journal of economic education. - Philadelphia, Pa : Routledge, ISSN 0022-0485, ZDB-ID 4105357. - Vol. 30.1999, 1, p. 43-51
|