This article presents a classroom project that employs various techniques of active learning including role-playing, collaborative group work and writing. The project explores the recent creation of the European Monetary Union (EMU) with special emphasis on the introduction of the euro. The project assumes that the Americas have begun preliminary…

Describes the use of Shakespeare's "The Merchant of Venice" in an undergraduate course in monetary economics, focusing on the usury theme origins of usury laws, scholastic arguments on paying interest for using money, civil usury laws, and modern theories of interest. It is argued that the play provides an interesting vehicle for an…