A Review of Economic Tools in the Development of a Financial Simulation Computer Program for Middle School Students
Flemister, Michael Gilbert
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https://hdl.handle.net/2142/71931
Description
Title
A Review of Economic Tools in the Development of a Financial Simulation Computer Program for Middle School Students
Author(s)
Flemister, Michael Gilbert
Issue Date
1993
Doctoral Committee Chair(s)
Rodgers, Frederick A.
Department of Study
Education
Discipline
Education
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Education, Home Economics
Education, Technology of
Education, Curriculum and Instruction
Abstract
Economic trends have led to the development of innovative economic tools. Once some of these tools were only available to the wealthy. The development of economic tools such as Individual Retirement Accounts, Certificate of Deposit, College Tuition Bonds, etc. allow consumers an opportunity to plan for a productive financial future. Our children will be the beneficiaries of some of these innovative economic tools. However, we have to begin evaluating our economic education programs, in general, and our instructional materials specifically to prepare children to become effective consumers. This study is concerned with designing instructional material based upon the opinions obtained through the use of a questionnaire.
Data were obtained from survey instruments providing measures of economic experience and exposure to 16 economic tools by middle school students, middle school teachers, and experts in economics. Dependent variables, derived from the data include survey scales reflecting students, teachers, and experts opinions concerning, for example, the importance of learning the 16 economic tools to the effect a computer could have on students' learning the 16 economic tools.
Analyses associated with major research questions include analysis of variance by student ethnicity, grade and gender; an analytical look at the descriptive statistics, an analysis of variance on group responses, and a Spearman rank correlation on selected survey items.
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