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
Suggested Citation: Suggested Citation
Coval, Joshua D. and Gadzik, Jonathan and Stafford, Erik, Deriving by Doing: A New Approach to Teaching Finance (June 2007). Available at SSRN: https://ssrn.com/abstract=996229 or http://dx.doi.org/10.2139/ssrn.996229