IDEAS home Printed from https://ideas.repec.org/a/ags/aaeatr/308492.html
   My bibliography  Save this article

Evaluation of Learning Outcomes from Participation in a Student-Managed Commodity Investment Fund

Author

Listed:
  • Ramsey, A. Ford
  • Isengildina-Massa, Olga

Abstract

Students in agricultural and applied economics are expected to develop skills and knowledge allowing them to perform tasks in agribusinesses and related industries. Skills range from technical abilities in the discipline to soft skills, such as communication ability or leadership performance, which may be more broadly applicable. We present results of a survey of undergraduates and graduate students participating in a student-managed commodity investment fund. The fund provides an experiential learning opportunity for undergraduate students and allows them to learn about commodity markets (futures, options, and other derivatives) while simultaneously improving technical, communication, and leadership skills. Students consider soft skills to be an important factor determining their participation and improve both soft and hard skills through participation.

Suggested Citation

  • Ramsey, A. Ford & Isengildina-Massa, Olga, 2021. "Evaluation of Learning Outcomes from Participation in a Student-Managed Commodity Investment Fund," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 2(6), January.
    • Handle: RePEc:ags:aaeatr:308492
    DOI: 10.22004/ag.econ.308492
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/308492/files/AETR_2020_016RRissue6v3.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.308492?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Georgeanne M. Artz & Kevin L. Kimle & Peter F. Orazem, 2014. "Does the Jack of All Trades Hold the Winning Hand? Comparing the Role of Specialized versus General Skills in the Returns to an Agricultural Degree," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 96(1), pages 193-212.
    2. Zhuoming Joe Peng & William P. Dukes & Ronald Bremer, 2009. "Evidence On Student-Managed Funds: A Survey Of U.S. Universities," Business Education and Accreditation, The Institute for Business and Finance Research, vol. 1(1), pages 55-64.
    3. Stephen R. Koontz & Derrell S. Peel & James N. Trapp & Clement E. Ward, 1995. "Augmenting Agricultural Economics and Agribusiness Education with Experiential Learning," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 17(3), pages 267-274.
    4. Lawrence, Edward C, 1990. "Learning Portfolio Management by Experience: University Student Investment Funds," The Financial Review, Eastern Finance Association, vol. 25(1), pages 165-173, February.
    5. Trapp, James N., 1989. "A Commodity Market Simulation Game For Teaching Market Risk Management," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(01), pages 1-9, July.
    6. Trapp, James N., 1989. "A Commodity Market Simulation Game for Teaching Market Risk Management," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 21(1), pages 139-147, July.
    7. Robert C. Dolan & Jerry L. Stevens, 2006. "Business Conditions and Economic Analysis: An Experiential Learning Program for Economics Students," The Journal of Economic Education, Taylor & Francis Journals, vol. 37(4), pages 395-405, October.
    8. Massa, Olga Isengildina & Ramsey, A. Ford, 2020. "Student-Managed Commodity Fund—A New Frontier in Experiential Learning," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 52(1), pages 64-77, February.
    9. Kim Hawtrey, 2007. "Using Experiential Learning Techniques," The Journal of Economic Education, Taylor & Francis Journals, vol. 38(2), pages 143-152, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Norbert L.W. Wilson & Robert G. Nelson, 2009. "A Laboratory Science Approach to Teaching in the Agricultural Economics Curriculum," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 31(2), pages 331-343.
    2. Larry S. Lev & Robert P. King, 1995. "MarketTools: An educational commodity marketing game," Agribusiness, John Wiley & Sons, Ltd., vol. 11(2), pages 187-193.
    3. Tomek, William G. & Peterson, Hikaru Hanawa, 2000. "Risk Management in Agricultural Markets: A Survey," Staff Papers 121140, Cornell University, Department of Applied Economics and Management.
    4. Lowell D. Hill & Karen L. Bender, 1996. "Industry note: Market simulation for teaching commodity trading skills," Agribusiness, John Wiley & Sons, Ltd., vol. 12(4), pages 403-410.
    5. Karla Borja & Suzanne Dieringer, 2023. "Telling My Story: Applying Storytelling to Complex Economic Data," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 49(3), pages 328-348, June.
    6. Steve Onyeiwu & Hoa Nguyen, 2018. "Incorporating Field Trips into the Teaching of Business and Economics: Method and Evaluation," Journal for Economic Educators, Middle Tennessee State University, Business and Economic Research Center, vol. 18(2), pages 60-80, Fall.
    7. Shida Rastegari Henneberry & Riza Radmehr, 2020. "Quantifying impacts of internships in an international agriculture degree program," PLOS ONE, Public Library of Science, vol. 15(8), pages 1-28, August.
    8. Gao, Guanlin, 2021. "Baking for economics and the community–An experiential learning project for the principles of microeconomics class," International Review of Economics Education, Elsevier, vol. 37(C).
    9. Lynda S. Livingston & Shirley Mazaltov-Ast, 2022. "Are Student-Managed Funds Closet Indexers?," Business Education and Accreditation, The Institute for Business and Finance Research, vol. 14(1), pages 43-60.
    10. Bosley, Stacie, 2016. "Student-crafted experiments “from the ground up”," International Review of Economics Education, Elsevier, vol. 22(C), pages 1-7.
    11. Swinton, Scott M., 2021. "Learning about Consumer Demand from Student Surveys," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 3(3), September.
    12. Mehlhorn, Joey E. & Miles, Morgan & Bonney, Laurie & Tewari, Rachna, 2017. "Perceptions Of Entrepreneurship In A University Agribusiness Program: Developing A Scale," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 5(3), July.
    13. Paul Dalziel, 2011. "Schumpeter's 'Vision' and the Teaching of Principles of Economics to Resource Students," International Review of Economic Education, Economics Network, University of Bristol, vol. 10(2), pages 63-74.
    14. Berning, Joshua P., 2014. "Using self-reported data collection and analysis to facilitate student learning: A case study," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162482, Southern Agricultural Economics Association.
    15. Robyn Cameron & Pat Clark & Laura De Zwaan & Diane English & Dawne Lamminmaki & Conor O'Leary & Kirsty Rae & John Sands, 2015. "The Importance of Understanding Student Learning Styles in Accounting Degree Programs," Australian Accounting Review, CPA Australia, vol. 25(3), pages 218-231, September.
    16. Leighton, Margaret & Speer, Jamin D., 2020. "Labor market returns to college major specificity," European Economic Review, Elsevier, vol. 128(C).
    17. Diersen, Matthew A. & Wang, Zhiguang, 2020. "Experiential Learning Trading Agricultural Contracts in a Commodity Fund," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304463, Agricultural and Applied Economics Association.
    18. Poór József & Kollár Csaba & Szira Zoltán & Taras Vas & Varga Erika, 2018. "Central and Eastern European Experience of the X-Culture Project in Teaching International Management and Cross-Cultural Communication," Journal of Intercultural Management, Sciendo, vol. 10(1), pages 5-41, March.
    19. David H. Dean & Robert C. Dolan, 2011. "Curricular and Co-curricular Aspects of the Economics Major at Highly Ranked Schools," Chapters, in: Gail M. Hoyt & KimMarie McGoldrick (ed.), International Handbook on Teaching and Learning Economics, chapter 69, Edward Elgar Publishing.
    20. Light, Audrey & Schreiner, Sydney, 2019. "College major, college coursework, and post-college wages," Economics of Education Review, Elsevier, vol. 73(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aaeatr:308492. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.