The Mathematical Modelling of the Creation of Credit.

Shannon, A. G.

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Peer reviewed

ERIC Number: EJ283224

Record Type: CIJE

Publication Date: 1983-Mar

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The Mathematical Modelling of the Creation of Credit.

Shannon, A. G.

Australian Mathematics Teacher, v39 n1 p21-23 Mar 1983

This exercise in mathematical modelling requires understanding of geometric progressions, inequalities, and absolutes. It presents a problem on credit creation in the banking system. (MNS)

Descriptors: Banking, Economics, Geometric Concepts, Learning Activities, Mathematical Models, Mathematics Instruction, Number Concepts, Problem Solving, Secondary Education, Secondary School Mathematics

Publication Type: Journal Articles; Guides - Classroom - Teacher

Education Level: N/A

Audience: Practitioners

Language: English

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