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How do interest rates work?

Video How do interest rates work?

TLF ID M020194

What are interest rates? What determines the interest rates in Australia? And how do interest rates affect the economy? Listen as Dr Ashton de Silva explains.

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Educational details

Educational value
  • This resource is available on ABC Splash
Year level

10

Topics Finance Mathematics Economy Functions and relations Critical thinking Interest (Finance)
Learning area
  • Mathematics

Other details

Contributors
  • Contributor
  • Name: Australian Broadcasting Corporation
  • Organization: Australian Broadcasting Corporation
  • Description: Creator
  • URL: http://www.abc.net.au
  • Name: Education Services Australia
  • Organization: Education Services Australia
  • Description: Data manager
  • Address: VIC, AUSTRALIA
  • URL: http://www.esa.edu.au/
  • Publisher
  • Name: Australian Broadcasting Corporation
  • Organization: Australian Broadcasting Corporation
  • Description: Publisher
  • URL: http://www.abc.net.au
  • Resource metadata contributed by
  • Name: Education Services Australia Ltd
  • Organisation: Education Services Australia Ltd
  • Address: AUSTRALIA
  • URL: www.esa.edu.au
Access profile
  • Generic
Learning Resource Type
  • Video
Rights
  • Metadata © Australian Broadcasting Corporation and Education Services Australia Ltd 2012 (except where otherwise indicated). Digital content © Australian Broadcasting Corporation 2012 (except where otherwise indicated).