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2. Creating and using a computer debt simulation model for teaching the economics of developing countries

Author

Linda Paul Kinney and Elizabeth S. Adams

Subjects
Value (ethics), Actuarial science, business.industry, media_common.quotation_subject, Developing country, External debt, Debt service ratio, Engineering management, Software, Order (exchange), Debt, Economics, business, Curriculum, media_common
Abstract

This paper describes the motivation for and the use of software to clarify and elucidate concepts in economics. The computer model designed and implemented by a computer scientist and an economist, enables students to manipulate data in order to more fully understand the factors involved in the accumulation and repayment of international debt by developing countries. The paper discusses the value of such a model in the economics classroom and encourages computer scientists to form partnerships with faculty in other disciplines to help them integrate computer usage into their curriculum.

Published
1995

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