Abstract:
Experiential learning occurs in many forms, and economists tend to apply experiential learning techniques within a lab environment. Here, we describe an involved student experiential learning process in which the students invest in a commodity trading pool. Having a financial interest in the performance of the trading pool enhances students' investments in the learning process. The instructor's role is primarily observation and evaluation, allowing students to learn from their experiences. We share with others how to set up a similar course at their academic institutions.
Keywords:
futures trading, experiential learning
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