Download or read book Using an In Class Simulation to Teach Financial Markets written by Sean Hennessey and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial markets is an integral component of many finance-oriented courses. This paper describes an in-class simulation that allows students to trade securities in the financial market on a quarterly basis over an assumed five year period. Real economic and company specific data is provided to students prior to the opening of the in-class market. The results of the first trial of the simulation is suggestive of student participants following the behaviour of others, supporting the hypothesis that investors are subject to the quot;herd instinctquot;. The analysis of the realistic information provided appeared, with many participants, to be of secondary importance. The simulation provides a realistic introduction to the operation and practicalities of financial markets and in combination with a lengthy, in-class, quot;debriefingquot; at the conclusion of the simulation, can result in a real and lasting understanding of the valuation process.
Download or read book Revolutionizing Financial Engineering Education written by Matt Olfat and published by . This book was released on 2013 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt: On May 6, 2010, world financial markets experienced The Flash Crash, which affected trillions of dollars of securities in just mere minutes. Consensus of what caused this dramatic change in the market evaluation of thousands of assets is still not fully understood. To tackle problems like these, financial engineering students need a comprehensive understanding of complex market microsystems. These students must have a multidisciplinary skillset that incorporates an ever- widening array of disciplines to address markets that have grown increasingly tangled. Fundamental understanding of today's financial markets requires students take courses in statistics, mathematics, computer programing, finance, and economics; however, due to the limited material that a single course can cover, traditional coursework cannot effectively teach the multidisciplinary competencies that are necessary.In order to reduce the course load yet still learn fundamental financial engineering principles, we suggest taking a constructivist approach using market simulations as teaching tools. Simulations allow financial engineering students to learn the complex nature of markets more comprehensively and effectively by allowing them real-world experience in controlled, guided environments. Research supports their use and has shown simulations engage students and give them real-time knowledge of cause and effect in a complex marketplace. Moreover, they go beyond simply providing factual knowledge to offering students experience operating in the microstructure of markets. This environment also forces students to encounter unanticipated situations that traditional education methods do not allow.In that spirit, this paper will present the use of simulations in a simulation-based lesson that will teach students how to devise and implement their own trading strategies, as well as give them invaluable experience in integrating the basics of statistics, programing, and design. This paper adds to the body of research that illustrates simulations have the ability to get students emotionally invested in learning and thereby more receptive to the minutia of financial markets and trading techniques. Simulation-based education can augment traditional education methods by providing a learning environment that promotes more skills and techniques to foster better fundamental knowledge.
Download or read book Realistic Simulation of Financial Markets written by Hajime Kita and published by Springer. This book was released on 2016-07-06 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes up unique agent-based approaches to solving problems related to stock and their derivative markets. Toward this end, the authors have worked for more than 15 years on the development of an artificial market simulator called U-Mart for use as a research and educational tool. A noteworthy feature of the U-Mart simulator compared to other artificial market simulators is that U-Mart is an ultra-realistic artificial stock and their derivative market simulator. For example, it can simulate “arrowhead,” a next-generation trading system used in the Tokyo Stock Exchange and other major markets, as it takes into consideration the institutional design of the entire market. Another interesting feature of the U-Mart simulator is that it permits both human and computer programs to participate simultaneously as traders in the artificial market. In this book, first the details of U-Mart are explained, enabling readers to install and run the simulator on their computers for research and educational purposes. The simulator thus can be used for gaming simulation of the artificial market and even for users as agents to implement their own trading strategies for agent-based simulation (ABS).The book also presents selected research cases using the U-Mart simulator. Here, topics include automated acquisition of trading strategy using artificial intelligence techniques, evaluation of a market maker system to treat thin markets such as those for small and regional businesses, systemic risk analysis of the financial market considering institutional design of the market, and analysis of how humans behave and learn in gaming simulation. New perspectives on artificial market research are provided, and the power, potential, and challenge of ABS are discussed. As explained in this important work, ABS is considered to be an effective tool as the third approach of social science, an alternative to traditional literary and mathematical approaches.
Download or read book Stock Market Simulations written by Stephanie Buehler and published by Teacher Created Resources. This book was released on 2000-06 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: The stock market is a fascinating, exciting part of our nation's economy. Stock Market Simulations is an interactive means of piquing students' interest and involving them in concepts related to the world of business and finance.
Download or read book Mastering the Art of Equity Trading Through Simulation Web Based Software written by Robert A. Schwartz and published by John Wiley & Sons. This book was released on 2010-07-06 with total page 290 pages. Available in PDF, EPUB and Kindle. Book excerpt: An interactive guide to successfully trading in today's markets Mastering the Art of Equity Trading Through Simulation is a guidebook to interactive computer trading simulation designed to provide participants with hands-on experience in making tactical decisions and implementing them in different market environments-from continuous order drive markets to call auction markets, and from dealer markets to dark liquidity pools. By showing traders how to operate in these different markets, this reliable resource quickly reveals a good deal about what trading involves and how market design impacts trading decisions. Provides a virtual platform that gives users hands-on experience in making tactical trading decisions Shows exactly how prices are established in the marketplace Teaches how the structure of a marketplace influences participant decisions Learning to trade through study is like learning about a roller coaster ride verbally. You may get the idea of going up and down and around curves, but will lack the actual experience. Mastering the Art of Equity Trading Through Simulation will get you as close as possible to the markets-without actually going in them-and prepare you to profit once you're really there.
Download or read book Using the Internet for Active Teaching and Learning written by Steven C. Mills and published by Prentice Hall. This book was released on 2006 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: For courses in Computers in Education. Are you ready to make use of the power of the Internet to support your teaching? Using the Internet for Active Teaching and Learning combines both theory and practice to introduce you to the Internet's potential as a teaching tool in your classroom. With student learning as its goal, the book is organized by its functions in the classroom-from communication to locating and evaluating information, publishing information, information problem-solving, cooperative problem-solving, inquiry and discovery, and online collaborations.
Download or read book Healthcare Ethics and Training Concepts Methodologies Tools and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2017-03-28 with total page 1545 pages. Available in PDF, EPUB and Kindle. Book excerpt: The application of proper ethical systems and education programs is a vital concern in the medical industry. When healthcare professionals are held to the highest moral and training standards, patient care is improved. Healthcare Ethics and Training: Concepts, Methodologies, Tools, and Applications is a comprehensive source of academic research material on methods and techniques for implementing ethical standards and effective education initiatives in clinical settings. Highlighting pivotal perspectives on topics such as e-health, organizational behavior, and patient rights, this multi-volume work is ideally designed for practitioners, upper-level students, professionals, researchers, and academics interested in the latest developments within the healthcare industry.
Download or read book Gaming The Future s Language written by Richard D. Duke and published by . This book was released on 2014-07-10 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Teaching and Interactive Methods written by Hans Emil Klein and published by Wacra - World Association for Case Tion. This book was released on 1995 with total page 612 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book AI and Financial Markets written by Shigeyuki Hamori and published by MDPI. This book was released on 2020-07-01 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Artificial intelligence (AI) is regarded as the science and technology for producing an intelligent machine, particularly, an intelligent computer program. Machine learning is an approach to realizing AI comprising a collection of statistical algorithms, of which deep learning is one such example. Due to the rapid development of computer technology, AI has been actively explored for a variety of academic and practical purposes in the context of financial markets. This book focuses on the broad topic of “AI and Financial Markets”, and includes novel research associated with this topic. The book includes contributions on the application of machine learning, agent-based artificial market simulation, and other related skills to the analysis of various aspects of financial markets.
Download or read book Teaching Management written by James G. S. Clawson and published by Cambridge University Press. This book was released on 2006-08-03 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: How can every management class be a dynamic, unforgettable experience? This much-needed book distils over half a century of the authors' combined experience as university professors, consultants, and advisors to corporate training departments. In a lively, hands-on fashion, it describes the fundamental elements in every learning situation, allowing readers to adapt the suggestions to their particular teaching context. It sparks reflection on what we do in the classroom, why we do it, and how it might be done more effectively. The chapters are broadly organized according to things you do before class, things you do during class, and things you do in between and after class, so that every instructor, whether newly-minted PhDs facing their first classroom experience, experienced faculty looking to polish their teaching techniques, consultants who want to have more impact, or corporate trainers wishing to develop in-house teaching skills, can benefit from the invaluable advice given.
Download or read book International Handbook on Teaching and Learning Economics written by Gail Mitchell Hoyt and published by Edward Elgar Publishing. This book was released on 2012 with total page 895 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔThe International Handbook on Teaching and Learning Economics is a power packed resource for anyone interested in investing time into the effective improvement of their personal teaching methods, and for those who desire to teach students how to think like an economist. It sets guidelines for the successful integration of economics into a wide variety of traditional and non-traditional settings in college and graduate courses with some attention paid to primary and secondary classrooms. . . The International Handbook on Teaching and Learning Economics is highly recommended for all economics instructors and individuals supporting economic education in courses in and outside of the major. This Handbook provides a multitude of rich resources that make it easy for new and veteran instructors to improve their instruction in ways promising to excite an increasing number of students about learning economics. This Handbook should be on every instructorÕs desk and referenced regularly.Õ Ð Tawni Hunt Ferrarini, The American Economist ÔIn delightfully readable short chapters by leaders in the sub-fields who are also committed teachers, this encyclopedia of how and what in teaching economics covers everything. There is nothing else like it, and it should be required reading for anyone starting a teaching career Ð and for anyone who has been teaching for fewer than 50 years!Õ Ð Daniel S. Hamermesh, University of Texas, Austin, US The International Handbook on Teaching and Learning Economics provides a comprehensive resource for instructors and researchers in economics, both new and experienced. This wide-ranging collection is designed to enhance student learning by helping economic educators learn more about course content, pedagogic techniques, and the scholarship of the teaching enterprise. The internationally renowned contributors present an exhaustive compilation of accessible insights into major research in economic education across a wide range of topic areas including: ¥ Pedagogic practice Ð teaching techniques, technology use, assessment, contextual techniques, and K-12 practices. ¥ Research findings Ð principles courses, measurement, factors influencing student performance, evaluation, and the scholarship of teaching and learning. ¥ Institutional/administrative issues Ð faculty development, the undergraduate and graduate student, and international perspectives. ¥ Teaching enhancement initiatives Ð foundations, organizations, and workshops. Grounded in research, and covering past and present knowledge as well as future challenges, this detailed compendium of economics education will prove an invaluable reference tool for all involved in the teaching of economics: graduate students, new teachers, lecturers, faculty, researchers, chairs, deans and directors.
Download or read book The Routledge Handbook of Financial Literacy written by Gianni Nicolini and published by Taylor & Francis. This book was released on 2021-12-30 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial literacy and financial education are not new topics, even though interest in these topics among policymakers, financial authorities, and academics continues to grow. The Routledge Handbook of Financial Literacy provides a comprehensive reference work that addresses both research perspectives and practical applications to financial education. This is the first volume to summarize the milestones of research in financial literacy from multiple perspectives to offer an overview. The book is organized into six parts. The first three parts provide a conceptual framework, which discusses what financial literacy is, how it should be measured, and explains why it represents a relevant topic and effective tool in enhancing decision-making among consumers as well as consumer protection strategies. Part IV addresses the connection between financial education and financial literacy, with chapters about financial education in school settings as well as for adults. This part includes an analysis of the role of Fintech and the use of gamification in financial education. Part V is a collection of contributions that analyze financial literacy and financial education around the world, with a focus on geographical areas including the U.S., South America, Western Europe, Eastern Europe, Asia, and Africa. This part also considers how financial literacy should be addressed in the case of Islamic finance. The concluding part of the book examines how financial literacy is related to other possible approaches to consumer finance and consumer protection, addressing the relationships between financial literacy and behavioral economics, financial well-being, and financial inclusion. This volume is an indispensable reference for scholars who are new to the topic, including undergraduate and graduate students, and for experienced researchers who wish to enrich their knowledge, policymakers seeking a broader understanding and an international perspective, and practitioners who seek knowledge of best practices as well as innovative approaches.
Download or read book From Plan to Market written by Mark C. Schug and published by Council for Economic Educat. This book was released on 1997 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: This packet of lessons focuses on the transition from a legacy of central planning to a market orientation in the economic systems of Central and Eastern Europe, the newly independent states of the former Soviet Union, and China. These lessons seek to provide high school teachers with a well-informed approach to teaching about this transition. The lessons emphasize the complex texture of events and the regional distinctions found among the transition economies. The materials also highlight findings about certain conditions that seem crucial to economic reform and introduce economic concepts that teachers and students can use to describe and explain the successes and the failures of economic change. The ten lessons include: (1) "The Legacy of Soviet Communism"; (2) "Different Paths to Reform: Case Studies of Poland, China, and Russia"; (3) "Political and Economic Freedoms"; (4) "How To Privatize?"; (5) "Monopoly Is Not Just a Game"; (6) "Why Trade?"; (7) "Why Middlemen Matter: The Role of Financial Institutions in a Market Economy"; (8) "Resisting the Siren Song of Inflation"; (9) "Brother, Can You Spare a Ruble?"; and (10) "Distribution of Income: Different Ways to Slice the Pie." The appendix contains selected world development indicators for the regions under study. (EH)
Download or read book Handbook of Research on Gaming Trends in P 12 Education written by Russell, Donna and published by IGI Global. This book was released on 2015-10-21 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gaming applications are rapidly expanding into the realm of education. Game-based education creates an active and enjoyable learning environment, especially for children and young adults who regularly use gaming for recreational purposes. Due to the evolving nature of education, gaming provides a transformative learning experience for diverse students. The Handbook of Research on Gaming Trends in P-12 Education provides current research intended to aid educators, school administrators, and game developers in teaching today’s youth in a technology-immersive society. This publication melds together gaming for entertainment purposes as well as gaming applied within educational settings with an emphasis on P-12 classrooms. Featuring exhaustive coverage on topics relating to virtual reality, game design, immersive learning, distance learning through 3D environments as well as best practices for gaming implementation in real-world settings, this handbook of research is an essential addition to the reference collection of international academic libraries.
Download or read book Masterclass Learning Teaching written by Peter Knight and published by Bloomsbury Publishing. This book was released on 1997-09-01 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the English-speaking world, master's degree programmes are booming. Not only are more programmes being provided, with more people studying for master's degrees, but the nature of the degree itself is changing: it has become essentially a professional degree. In respone to market forces, a variety of approaches to curriculum design, teaching, learning and assessment have evolved. This text considers evidence and experiences of academics in South Africa, the USA, Australia and Britain, creating an overall picture of developments, accompanied by a set of practical and conceptual problems.
Download or read book Best Practices in Online Teaching and Learning across Academic Disciplines written by Ross C. Alexander and published by University of Virginia Press. This book was released on 2017-10-17 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Online teaching and learning has surged in recent years, and faculty who normally teach in face-to-face settings are increasingly called upon to teach blended, hybrid, and fully online courses. Best Practices in Online Teaching and Learning across Academic Disciplines provides insights from experienced university teachers and scholars across multiple disciplines—including social sciences, humanities, natural sciences, mathematics, and professional programs such as nursing, education, and business administration—who share innovative practices, pedagogies, and instructional design techniques. This work highlights and features effective, practical, innovative, and engaging best-practices and approaches in online teaching and instructional design that can assist university faculty members and teachers, course designers and developers, and administrators invested and involved in online education. Using a common theme and structure, each chapter is co-authored by faculty members possessing a wealth of experience and credentialing in online teaching and instructional design in the relevant discipline or sub-discipline. Chapters include best-practices, approaches, and techniques within the discipline as well as relevant, innovative, and specific tools and strategies that improve student engagement and outcomes. The book will appeal to faculty members and administrators in higher education teaching or designing online courses or entire online curricula, as well as instructional design staff working with and training faculty. Readers will be especially interested to discover lessons about how contributors have successfully taught and designed courses in disciplines not typically associated with online learning, such as mathematics, composition/writing, drawing, "hard" sciences, and speech, among others. Distributed for George Mason University Press
