A blog about economics instruction. "Things should be made as simple as possible, but not any simpler."--Albert Einstein

Monday, May 09, 2005

QuickTake: An Online Currency Converter

A good way to engage student interest in exchange rates is to utilize an online currency converter. There are many of these on the Internet, including the one at itools linked in this post. I like to show students the conversion of the dollar into the euro, the peso, the Canadian dollar and several other currencies before launching into an explanation of how the exchange rates are determined.

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