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Dollars and Sense II Lesson 4 |
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Author(s):
Jeff Potash |
Subject:
Cross-Curricular |
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Lesson 4 contains three computer “hands-on” simulations designed to let students explore different types of Installment Loans, including auto loans, home mortgages, and personal loans.
Complex Systems Connection: Short and Long Term Conflicts.
Managing money, in personal finances or in running a business, often involves setting both short-term and long-term goals. Sometimes goals are in conflict between these timeframes, such as spending now versus saving/investing for future financial well-being. The lessons in Dollars and Sense II illustrate both immediate and long-term impacts, both beneficial (to savers) and harmful (to debtors) of compound interest on overall financial health. |
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PDF
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Dollars and Sense II Lesson 3 |
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Author(s):
Jeff Potash |
Subject:
Cross-Curricular |
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Lesson 3 contains two computer “hands-on” simulations designed to introduce students to the basics of how credit card interest charges work. In this lesson students will experience how the costs of credit card borrowing can quickly escalate, sometimes beyond their control!
Complex Systems Connection: Short and Long Term Conflicts.
Managing money, in personal finances or in running a business, often involves setting both short-term and long-term goals. Sometimes goals are in conflict between these timeframes, such as spending now versus saving/investing for future financial well-being. The lessons in Dollars and Sense II illustrate both immediate and long-term impacts, both beneficial (to savers) and harmful (to debtors) of compound interest on overall financial health. |
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PDF
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Dollars and Sense II Lesson 2 |
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Author(s):
Jeff Potash |
Subject:
Cross-Curricular |
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The second lesson from "Dollars and Sense II: Our Interest in Interest, Managing Savings and Debt," "How Can I Maximize Savings While Spending?" contains 5 computer hands-on simulations designed to let students investigate the relative importance of careful saving and compound interest.
Complex Systems Connection: Short and Long Term Conflicts.
Managing money, in personal finances or in running a business, often involves setting both short-term and long-term goals. Sometimes goals are in conflict between these timeframes, such as spending now versus saving/investing for future financial well-being. The lessons in Dollars and Sense II illustrate both immediate and long-term impacts, both beneficial (to savers) and harmful (to debtors) of compound interest on overall financial health |
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PDF
Link to the simulation: http://www.clexchange.org/curriculum/dollarsandsense/Dollars%20and%20Sense%20II/ds2_lesson2.asp
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Dollars and Sense II Lesson 1 |
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Author(s):
Jeff Potash |
Subject:
Cross-Curricular |
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"Can Compound Interest Work for Me?" is the title of this first lesson from "Dollars and Sense II: Our Interest in Interest, Managing Savings and Debt." This lesson contains 3 hands-on and progressively challenging simulations designed to let students explore and experience the system of compounding interest.
Complex Systems Connection: Short and Long Term Conflicts.
Managing money, in personal finances or in running a business, often involves setting both short-term and long-term goals. Sometimes goals are in conflict between these timeframes, such as spending now versus saving/investing for future financial well-being. The lessons in Dollars and Sense II illustrate both immediate and long-term impacts, both beneficial (to savers) and harmful (to debtors) of compound interest on overall financial health. |
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PDF
Link to the simulation: http://www.clexchange.org/curriculum/dollarsandsense/Dollars%20and%20Sense%20II/ds2_lesson1.asp
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Does a Model Facilitate Learning? Some preliminary experimental findings |
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Author(s):
David Wheat, Robin Goldstein, & Larry Weathers |
Subject:
Research |
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The purpose of the experiment described in this paper is to compare the learning that takes place with different methods of delivering essentially the same information about Gross Domestic Product to student groups. The main delivery methods discussed are (1) simple narrative only, and (2) the same narrative, accompanied by a diagram revealed in stages, using STELLA's "story" feature. This experiment was administered to secondary students in the Harvard Public Schools in Massachusetts, and to community college and secondary students in Virginia. Tentative results suggest that students having access to the model structure learn more than students receiving only narrative instruction. |
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PDF
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Demo Dozen |
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Author(s):
Jeff Potash, & John Heinbokel |
Subject:
Cross-Curricular |
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Demo Dozen consists of a Companion and a collection of 13 STELLA models, designed to provide insight into the breadth and
power of relatively simple system dynamics computer simulations to engage students and
teachers in critical explorations of the systems that surround them. |
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Zipped (Models & PDF)
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Deeper Learning and the Common Core |
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Author(s):
Sheri Marlin |
Subject:
Cross-Curricular |
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Subtitle: Teachers learning together for student success with Systems Thinking: A thoughtful approach to the Common Core.
This booklet contains lesson plans in Early Reading, Middle School Math, and High School Non-fiction Texts.
Complex Systems Connection: Incorrect High-Leverage Policies/Short and Long Term Conflicts: Financial Planning Life Scenarios-Few things are as relevant to high school students as how they spend their money. The Robinsons and the Meltons are two families that earn the same income, live in the same neighborhood, are of the same age, and have two children each. Yet the Robinsons are six times wealthier than the Meltons. Students use systems thinking tools to analyze these real-life scenarios to determine key principles to personal wealth.
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PDF
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Create and Run Your Own Newspaper: A Journalism Unit with a Simulation Game Part 3: Examine the Model |
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Author(s):
Daniel Barcan, Leah Zuckerman, Gary B. Hirsch, & Debra Lyneis |
Subject:
Cross-Curricular |
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Part 3 of a 3 part series. In this last part of a three-part journalism unit, students and teachers can take a closer look at the system dynamics model underlying the management flight simulator game from Part 2. There is a brief explanation of the model in simple terms, followed by a series of activities using the model as a laboratory.
Complex Systems Connection: Ineffective Action
Through this 3-part journalism unit, students can take on the role of newspaper owner. Using a simulation model, they can experience first-hand the complexity of managing a business. In complex systems, the levers we choose to push or pull often turn out to be low leverage policies, having little or no effect, or even the opposite effect of what was planned. This experience will help students gain an appreciation of how complex systems thwart our management of them through their interconnecting network of feedback loops. |
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Zipped (Models & PDF)
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Create and Run Your Own Newspaper: A Journalism Unit with a Simulation Game Part 2: Play the Game |
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Author(s):
Daniel Barcan, Leah Zuckerman, Gary B. Hirsch, & Debra Lyneis |
Subject:
Cross-Curricular |
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Part 2 of a 3 part series. In this second part of a three-part journalism unit, students become newspaper owners and try to run their own successful businesses on a simulation game. The game is a system dynamics management flight simulator, a realistic model of a newspaper business which students run by making their own policy decisions on quality, hiring, firing, and pricing.
Complex Systems Connection: Ineffective Action.
Through this 3-part journalism unit, students can take on the role of newspaper owner. Using a simulation model, they can experience first-hand the complexity of managing a business. In complex systems, the levers we choose to push or pull often turn out to be low leverage policies, having little or no effect, or even the opposite effect of what was planned. This experience will help students gain an appreciation of how complex systems thwart our management of them through their interconnecting network of feedback loops. |
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Zipped (Models & PDF)
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Create and Run Your Own Newspaper: A Journalism Unit with a Simulation Game Part 1: Publish a Newspaper |
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Author(s):
Daniel Barcan, Leah Zuckerman, Gary B. Hirsch, & Debra Lyneis |
Subject:
Cross-Curricular |
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Part 1 of a 3 part series. In this interdisciplinary language arts and social studies journalism unit, middle school students write articles and create their own newspapers.
CS connection: Ineffective Action.
Through this 3-part journalism unit, students can take on the role of newspaper owner. Using a simulation model, they can experience first-hand the complexity of managing a business. In complex systems, the levers we choose to push or pull often turn out to be low leverage policies, having little or no effect, or even the opposite effect of what was planned. This experience will help students gain an appreciation of how complex systems thwart our management of them through their interconnecting network of feedback loops. |
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PDF
Link to the simulation: http://www.clexchange.org/ftp/documents/x-curricular/CC2000-10NewspaperPart1.pdf
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