Deriving by Doing: A New Approach to Teaching Finance
8 Pages Posted: 25 Jun 2007
Date Written: June 2007
This document describes how interactive market simulations are used to teach finance in the Dynamic Markets course at Harvard Business School. The course is organized around hands-on application in a wide variety of capital market settings with the goal of producing experts in financial decision-making. The essential aspects of this pedagogy are dynamic decision settings, a strong reliance on competitive markets, and derivation of core concepts through active student decision-making.
Keywords: simulations, teaching finance, education
JEL Classification: G10
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