Economics · Pedagogy of Economics
Read the lines carefully: In a session on Money and Banking, students enact a banking simulation. Some play the role of depositors while others act as commercial bank officials. Through role-play, they experience how an initial deposit creates multiple rounds of credit. The teacher links this activity to the formula for credit creation and explains terms such as Cash Reserve Ratio and Repo Rate. Which economics topic and process are best reflected?
- 1Teacher-Centered Explanation
- 2Written Test Preparation
- 3Oral Questioning
- 4Experiential and Inquiry-Based Learning✓
Correct answer
Experiential and Inquiry-Based Learning
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