Use Excel-based Simulations to Improve Online Student Understanding of Deterministic Financial Models

Description Numerous studies have found that students who use simulations to learn concepts then subsequently demonstrate higher test scores than students using traditional lecture and discussions to cover the same material. Thus, the research indicates that online students could benefit from properly designed simulations (Porter, 2004). Individual instructors have two basic choices for obtaining simulations: …

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Convert Course Materials into an Instructional Simulation using Gaming Elements

Description In an online course, a frequent criticism is that the PowerPoint presentations are poorly designed and critical supporting information is often missing (with no presenter to fill in the blanks!). On the other hand, instructional simulations combine multimedia elements (i.e. sound, images, video, etc) to represent (simulate) particular aspects of an actual situation (Hays, …

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