Financial Literacy is one of the subject areas taught in Family and Consumer Sciences (FCS) courses which is not graduation requirement for high school students across Pennsylvania. The problem of practice I addressed is that Greensburg Salem High School (GSHS) students are graduating without the financial literacy knowledge and skills to become…

Simulations offer opportunities for students to receive instruction in political strategies and practice developing political skills without the real-world consequences faced by policymakers. Budget simulations introduce students to collective action problems prevalent at all levels of American government and can be used in a variety of courses.…

The California Budget Challenge produced by Next10 provides a useful and intuitive tool for instructors to introduce students to public budgeting. Students will reason through a series of budgeting decisions using information provided on the fiscal and practical implications of their choices. The Challenge is updated with each budget cycle, so it…

This paper describes an innovative approach for teaching the challenges in the management of data warehouse development. The approach contains lecture material providing conceptual background about the management of data warehouse development, a simulation game supporting experiential learning, and a post-play debriefing to support synthesis of…

This article presents a gender-based negotiation simulation designed to make participants aware of gender-based stereotypes and their effect on negotiation outcomes. In this simulation, the current research on gender issues is animated via three role sheets: (a) Vice president (VP), (b) advantaged department head, and (c) disadvantaged department…

As an instructional strategy, simulations have become common in the field of education. While they have been effective at imparting knowledge and skills, not all simulation experiences meet their objectives. This study determined the effectiveness of a financial simulation, the Reality Store®, aimed at teaching financial literacy and life skills…

Work-based learning (WBL) has long been used in career and technical education (CTE) to allow students to practice the knowledge and skills they acquire in the classroom within a "real-world" business or industry setting. High-quality work placements reinforce schoolbased instruction by providing students with a context for applying…

"A Better Way to Budget" provides practical, innovative advice on how to overcome the political and social pushback that often prevents district and school leaders from shifting scarce resources to the most student-centered uses. Nathan Levenson shows how school leaders can uncover the sources of potential conflicts and create a…

Engaging students with material associated with public budgeting processes can be a challenge. Our experience in an interdisciplinary seminar on education politics and policy suggests that a budget simulation exercise is an effective tool to achieve multiple objectives, including increased student engagement and strengthening student-learning…

"School Budget Hold'em" is a game designed to help school districts rethink their budgeting process. It evolved out of Education Resource Strategies' (ERS) experience working with large urban districts around the country. "School Budget Hold'em" offers a completely new approach--one that can turn the budgeting process into a long-term visioning…

The authors describe a simulation-based set of full-motion video scenarios which require students studying educational leadership to make decisions that solve problems presented in "A Year in the Life of a Middle School Principal." The decision points were designed to reflect the proficiencies emphasized in ISLLC [Interstate School…

In recent years, there has been some dispute over the appropriate way to model decision making in professional sports leagues. In particular, Szymanski and Kesenne (2004) argue that formulating the decision-making problem in a noncooperative game leads to radically different conclusions about the nature of competition in sports leagues. The author…

This article describes an experiential exercise that uses a brief simulation model intended to introduce undergraduate international finance students to the complexities in corporate investments in foreign countries. Use of the model requires one or preferably two class periods. Student learning goals include: (a) understanding how different…

This article reports the results of school budget simulations with 568 randomly selected California public school teachers, principals, and superintendents. Simulation participants were presented with the budget for a hypothetical school and asked to use that budget to employ the resources that would maximize the academic achievement of the…

Using a Web-based program he developed, one educator is helping students understand how their career and lifestyle choices are linked. MyLife, a Web-based life-planning program for young people, offers comprehensive budget activity in which participants develop simulations of their fantasy futures and calculate their future monthly…