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ERIC Number: ED084773
Record Type: Non-Journal
Publication Date: 1973-Jun
Pages: 6
Abstractor: N/A
Reference Count: N/A
"The Money Game" As a Classroom Exercise.
Shannon, D. C.; Johnson, K. H.
A computer-based educational game is used to introduce students to strategy formation and decision-making about portfolio management. Bookkeeping programs assign sums of money to students and allow them to conduct transactions on 5000 listed stocks. Weekly printouts give financial statements and student performances are compared to that of a randomly generated portfolio. Competition among student groups and between students and other players from the business world is used to motivate students to learn investment concepts and to develop analytical skills. Feedback from the players indicates that two-thirds of them strongly approve of the game. Since the operating cost to the department is only $20 per week for 50 to 60 students, the game is an efficient way of introducing students to the complexities of managing investments. (LB)
Publication Type: N/A
Education Level: N/A
Audience: N/A
Language: N/A
Sponsor: N/A
Authoring Institution: Kentucky Univ., Lexington. Coll. of Business and Economics.