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Studio Teaching in an Undergraduate Course in Options and Futures

IJFE Volume 1 Issue 1:

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Author(s): Jacques Raynauld and Jean-Guy Simonato

Abstract:
As indicated by Becker and Watts (2001), teaching in economics and finance is still mostly done in a Chalk and Talk passive learning environment. This paper reports on an active, hands-on approach implemented for business students enrolled in an undergraduate course in options and futures at HEC Montreal. The proposed environment adapts and extends the studio approach first developed for Introductory Physics at Rensselaer Polytechnic Institute (Wilson, 1994). Its implementation at HEC Montreal relies extensively on the use of laptop computers where students are given team assignments to be worked out on Excel spreadsheets. Throughout the course, extensive discussions are conducted either among the students or with the instructor.

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