The authors of this article propose a classroom simulation designed for advanced economics or finance courses whereby student teams role-play Moody's sovereign credit risk analysts. Despite the importance of sovereign credit risk ratings in affecting the funding liquidity of countries, the process generating ratings is a black box. The authors use…

Much of the e-education literature suggests that no significant difference exists in aggregate student learning outcomes between online and face-to-face instruction. In this study, an empirical model is developed to forecast the grade that individual students would have most likely earned in the alternate class setting. Students for whom the…