Current Real-life Issues Analysed in a Course of Financial Mathematics

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Current Real-life Issues Analysed in a Course of Financial Mathematics

Popis výsledku v původním jazyce

This paper presents a case study focused on a presentation of a topical issue to students in a course of Financial Mathematics who discovered, by calculating concrete examples, the weaknesses and inconsistencies of the annual percentage rate which may cause disputes between consumers, loan providers and state inspection authorities. The chosen topic and its real-life background made the students think critically about the directives concerning consumer loans derived from Czech legislative and EU regulations. This approach to the teaching of financial mathematics encourages students to be inquiring about the nature of financial products and indicators and enables them to see that with the acquired theoretical background and the skills regarding the use of mathematical software, they are able to make necessary verifications and product analyses. At the same time, the topical issues make the course more interesting for the students and make particular lessons more meaningful.

Název v anglickém jazyce

Current Real-life Issues Analysed in a Course of Financial Mathematics

Popis výsledku anglicky

This paper presents a case study focused on a presentation of a topical issue to students in a course of Financial Mathematics who discovered, by calculating concrete examples, the weaknesses and inconsistencies of the annual percentage rate which may cause disputes between consumers, loan providers and state inspection authorities. The chosen topic and its real-life background made the students think critically about the directives concerning consumer loans derived from Czech legislative and EU regulations. This approach to the teaching of financial mathematics encourages students to be inquiring about the nature of financial products and indicators and enables them to see that with the acquired theoretical background and the skills regarding the use of mathematical software, they are able to make necessary verifications and product analyses. At the same time, the topical issues make the course more interesting for the students and make particular lessons more meaningful.

Druh

D - Stať ve sborníku

CEP obor

AM - Pedagogika a školství

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Efficiency and Responsibility in Education 2016

ISBN

978-80-213-2646-0

ISSN

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e-ISSN

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Počet stran výsledku

7

Strana od-do

585-591

Název nakladatele

ČZU Praha, Fakulta provozně ekonomická

Místo vydání

Praha

Místo konání akce

Praha

Datum konání akce

2. 6. 2016

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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