Classroom Simulation as a Pedagogical Device in Teaching Money and Banking

William Breen and John Boyd

Journal of Financial and Quantitative Analysis, 1976, vol. 11, issue 4, 595-606

Abstract: The purpose of this paper is to describe a computerized classroom teaching tool for use in money and banking courses. A basic macroeconomic model and simulation program are introduced, along with classroom presentations and sample output. In addition, the technical details of the simulation, including operating costs, are explained.

Date: 1976
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