From:                              Karen Hesting

Sent:                               Tuesday, October 09, 2012 4:56 PM

To:                                   Janice Thiel

Subject:                          Form Submission (Critical Thinking Activities & Reusable Learning Objects (RLOs))

 

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Critical Thinking Activities & Reusable Learning Objects (RLOs)

Thank you for submitting your Critical Thinking Activity/RLO idea. Please forward this message and attach any supplemental files (e.g., Handouts, PowerPoints, etc.) to Thiel.Janice@SPCollege.edu

*1.

Title of Critical Thinking Activity/RLO:

Your Answer:Simulation

*2.

Briefly describe or summarize the Activity/RLO:

Your Answer:Students will simulate manipulating the federal funds rate. They will make predictions about what will happen to the unemployment rate and the inflation rate based on their decisions. They will evaluate the process as they go.

*3.

Subject Area(s) - Select all that apply:

Your Answer:Social & Behavioral Sciences

*4.

What is(are) the Major Learning Outcome(s) addressed by this Activity/RLO (from course outline)?

Your Answer:The student will demonstrate knowledge of the usefulness of monetary and fiscal policy as methods of implementing national economic goals by recalling the fiscal and monetary policies appropriate to each level of economic activity.

*5.

What is(are) the Course Objective(s) addressed by this Activity/RLO (stated in performance terms)?

Your Answer:The student will demonstrate knowledge of the usefulness of monetary and fiscal policy as methods of implementing national economic goals by recalling the fiscal and monetary policies appropriate to each level of economic activity.

*6.

Type of Activity/RLO - Select all that apply:

Your Answer:

  • Individual
  • Small Group
  • Large Group

*7.

Time - How much time does it take to conduct this Activity/RLO?

Your Answer:Portion of One Class

*8.

List the materials that are necessary to conduct this Activity/RLO:

Your Answer:Federal Chairman RLO: http://www.frbsf.org/education/activities/chairman/index.html
Handout/chart
Clickers

*9.

Instructions - Give detailed step-by-step instructions on how to conduct this Activity/RLO:

Your Answer:After an overview of the federal funds rate, students will have have a chance to work together to makes decisions on how to adjust the rates. They will use information from the Federal Chairman RLO to make these decisions. The class will be polled using Clickers to decide whether they would like to increase or decrease rates and by how much. They will then make individual predictions on their handouts. They will then record what actually happens and evaluate the reasons why those changes occurred.

*10.

List Additional Resources, for example: Web address/URL, Handouts, PowerPoint, etc. Copy/Paste URLs here. Later, when you receive your confirmation message, forward any supplemental files to the QEP Director.

Your Answer: http://www.frbsf.org/education/activities/chairman/index.html and Interest Rate Handout

*11.

SPC established as its definition of critical thinking: The active and systemic process of communication, problem solving, evaluation, analysis, synthesis, and reflection, both individually and in community, to foster understanding, support sound decision-making, and guide action.

 

Which aspect(s) of critical thinking does this Activity/RLO address? - Select all that apply:

Your Answer:

  • Evaluation
  • Analysis

*12.

How will this improve our students’ ability to think critically?

Your Answer:Students will have the chance to practice making predictions and evaluations based on information provided.

*13.

Have you consulted the Activity/RLO Guidelines?

Your Answer:Yes

*14.

Email:

Your Answer:hesting.karen@spcollege.edu

If you have any questions or comments about this form, please contact Janice Thiel at Thiel.Janice@SPCollege.edu or call (727) 341-3110