Enhancing Finance Students’ Learning Effectiveness and Motivation: Application of Financial Simulation Game
DOI:
https://doi.org/10.3991/ijet.v18i21.43917Keywords:
financial simulation game, interactive multimedia, learning effectiveness, learning motivationAbstract
Financial issues have been the source of divorce, psychological diseases, and unhappiness in the past few years. A person with good financial literacy ability could therefore avoid and effectively solve financial problems. Simulation and games have been gradually emphasized by educators in the past years, stressing active learning and learner-centeredness and expecting to help learners understand complicated ideas and effectively promote learning effectiveness. The simulation game materials and multimedia interactive web materials for financial education are designed and compared to the effects on students’ financial learning effectiveness and motivation in this study. College students in southern Taiwan were selected as the research objects for the 16-week experimental teaching. The total number of valid samples is 168. “Nonequivalent group design in quasi-experimental design” is adopted in this study, where the teaching model, including “simulation game materials” and “multimedia interactive web materials”, is the independent variable and financial learning effectiveness and learning motivation are dependent variables. Research findings reveal that (1) financial simulation games are an effective teaching strategy, (2) students with financial simulation games present higher learning effectiveness, and (3) students using financial simulation games show higher learning motivation. Finally, suggestions are proposed in this study, expecting to apply such characteristics to design game software for learning finance and effectively improve the dilemmas of practicing financial teaching in class.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Chich-Jen Shieh (Submitter); Jui-Sheng Wang
This work is licensed under a Creative Commons Attribution 4.0 International License.
The submitting author warrants that the submission is original and that she/he is the author of the submission together with the named co-authors; to the extend the submission incorporates text passages, figures, data or other material from the work of others, the submitting author has obtained any necessary permission.
Articles in this journal are published under the Creative Commons Attribution Licence (CC-BY What does this mean?). This is to get more legal certainty about what readers can do with published articles, and thus a wider dissemination and archiving, which in turn makes publishing with this journal more valuable for you, the authors.
By submitting an article the author grants to this journal the non-exclusive right to publish it. The author retains the copyright and the publishing rights for his article without any restrictions.